AUDUSD Long:
The pair is currently on strong support line and expected to bounce from the resistance level so
Buy: Only if the price sustains above 0.63144 with strong volume confirmation, targeting a move toward 0.63500. Use a tight stop-loss below 0.62803.
Sell: If the price rejects resistance at 0.63144 (e.g., forms a bearish candlestick like a shooting star or double top) or breaks below 0.62803, targeting a retest of lower support (e.g., 0.62500).
The pair is currently on strong support line and expected to bounce from the resistance level so
Buy: Only if the price sustains above 0.63144 with strong volume confirmation, targeting a move toward 0.63500. Use a tight stop-loss below 0.62803.
Sell: If the price rejects resistance at 0.63144 (e.g., forms a bearish candlestick like a shooting star or double top) or breaks below 0.62803, targeting a retest of lower support (e.g., 0.62500).
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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.