It can be seen from the daily time frame chart that I show, AUDUSD has corrected at the 50% Fib ratio level, also in the strong demand zone at 0.74100, and has been followed through the oversold level 2 times (RSI indicator).
Medium to long term targets, target 1 —> 0.83417 & target 2 —> 0.89213.
Medium to long term targets, target 1 —> 0.83417 & target 2 —> 0.89213.
Trade active
Trade active
Correction: Target 1 -> 0.82543 , Target 2 -> 0.85925 (maximum).
Trade closed manually
There seems to be a change in direction from up to down. And that means changing plans.
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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.