The AUDUSD is very much in an up-trend of late. The best way for traders to enter this market is to trade with this trend and look to get long. Many traders try to fight the trend when it is much easier simply going with it.
Price is now at resistance. This could see price fall back and possibly give traders the chance they need to get long. On the chart below I have highlighted the first support area that could act as a solid area to get aboard this up-trend should price retrace back lower.
AUDUSD DAILY CHART
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