AUDUSD Trade Idea

AU has been in a long-term uptrend post-Covid, buyers' are showing massive interests in the pair. It usually needs a longer exhaustion to digest such an impulsive uptrend, we might expect some range bound condition between 0.7510 - 0.7572. Will be mainly focusing on the long opportunities on the upwards breakout of 0.7572 resistance zone towards 0.7670, however, do not be surprise if AU does some deeper pullback as it is still considered a healthy uptrend.

Trade safe.