AUDUSD long from support. Target - 0.7429

1 378
The price is forming a technical rollback on an uptrend to the support level of the rising channel. Since the trend continues to grow and the price approaches support against the backdrop of distribution, after testing the level, I expect a rollback. My target is 0.7429 resistance

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.