As a price action analyst I have conducted an analysis on the major pairs. The trading idea we see on a technical analysis perspective is a long buy as our trading plan indicates an appreciation regarding the Australian Dollar. AUDUSD trade is indicating a buy in price which broke out at 0.66011 and is set to teach the price of 0.69061.
Based on our strategy, we aim to hold these positions until they reach take profit. For further information regarding this analysis will be updated.