BUY AUDUSD, pair trading at channel support.

30 de nov. de 2016

AUDUSD, the pair has broken uptrend and after falling three consecutive days it shown some strength and gradually traded higher high and today it has been forming a bearish flag pattern, traders may enter long up to the target of channel resistance 0.75000, with stop loss 10pip below the channel support. alternatively if breakout occurs downside then bearish flag pattern seems confirmed the will target the measured distance in near term.