Dear friends, in my previous AUD/USD analysis, I told you about
buying at 0.7040 and targeting 0.7190 as TP on the pullback move.
As you can see, price hit the TP last week.
Currently, AUD/USD has settled below a key moving average on the
4-Hour chart. So, it is quite likely that the downtrend will
continue this week.
I would be looking to sell the rallies in AUD/USD.
buying at 0.7040 and targeting 0.7190 as TP on the pullback move.
As you can see, price hit the TP last week.
Currently, AUD/USD has settled below a key moving average on the
4-Hour chart. So, it is quite likely that the downtrend will
continue this week.
I would be looking to sell the rallies in AUD/USD.
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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.
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.