#AUDUSD - H1
📣 Upon analyzing the 1-hour timeframe, the price is currently oscillating within the upper boundary of a descending channel. We expect that with the breakout of the 0.6408 level, the conditions for price growth towards the range of 0.6470 will be met.
⛔ Stop loss: 0.6355.
On the other hand, if the 0.6355 level is broken, there is a positive outlook for price decline towards the range of 0.6300.
⛔ Stop loss: 0.6400.
📣 Upon analyzing the 1-hour timeframe, the price is currently oscillating within the upper boundary of a descending channel. We expect that with the breakout of the 0.6408 level, the conditions for price growth towards the range of 0.6470 will be met.
⛔ Stop loss: 0.6355.
On the other hand, if the 0.6355 level is broken, there is a positive outlook for price decline towards the range of 0.6300.
⛔ Stop loss: 0.6400.
Trade closed: target reached
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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.