Followup on AUDUSD long and price action for a new leg up

2020-01-07 06:50:17

The AUDUSD kicked off perfectly from the previous alerts entry zone and even went better than expected. The Xmas period saw some sellers squeeze price lower in a quiet time so now watching to see if we can get a reaction around the 0.6925 zone for another leg higher. Watching for the washout lower and then some higher lows to come into play as buyers step back in to defend the level.

** If you enjoy our free content, please follow our profile, by hitting the Follow button, at https://www.tradingview.com/u/Trade_Setup/ to get further high quality ideas. **

** If you are following our ideas any comments and likes are most welcome and will be greatly appreciated **

** With quality alerts and correct Risk Management, you can learn consistency and grow your account **

** With quality portfolio management and defined risk levels to help your account grow and achieve steady profit targets while increasing your trading edge. Check out www.tradesetup.com.au **

YouTube Channel - https://www.youtube.com/channel/UCQpHCJ6mUqQcrJTDVc1Si5g

Join us on our Live Stream to chat about all things markets here https://www.youtube.com/c/TradeSetupAu/live