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Chris Capre’s current live open price action and ichimoku trades: GBPUSD, SBER, SUI20, VIX
AUDUSD – Testing LT Resistance (Daily chart)
Price Action Context
Price is now back at the LT resistance zone, testing it a second time after breaking below the S/R zone back in May. For now, the resistance seems to be well defended with another strong bearish rejection ending last trading week.
LT bias is bearish and sellers and look for shorting opportunities around the LT resistance.
Key Support & …... Keep reading