AUDUSD 140PIPS TRADE
In the H1 chart, you can see that AUDUSD has not been able to break its resistance area of 0.6566 for about 19-20 days and after trying twice now the price is near the third resistance top. If the price reverses from here, then we will get a good chance to earn 140 points by next support 0.6421
The MACD indicator has also crossed 2 times and is now ready to go down. Therefore, with 2-3 confirmation, we are finding the probability of trade very high.
If you want, you can take a trade around 0.6555, It has to keep a stop loss of 30pips and the target can be kept from 60-140pips.
The MACD indicator has also crossed 2 times and is now ready to go down. Therefore, with 2-3 confirmation, we are finding the probability of trade very high.
If you want, you can take a trade around 0.6555, It has to keep a stop loss of 30pips and the target can be kept from 60-140pips.
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.