AUDUSD - The long road
Updated
evening traders, looking at this trend it seems, that after the daily candle on the 23/05/2024 closed on the outside of the trendline (due to the news) that on the 24/05/24 the pair regained the strength to then push back up and the daily candle has set stone back into the trend. is this a continuation? to me personally i feel this shall carry on. i have set a target for %50 on the fib level reaching to the next resistance level. do you agree? or perhaps think differently? either way, please share your thoughts! happy trading everybody! good luck! =).
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UPDATE: profit target has been reduced to the "0.66752" mark, due to news on wednesday! play it safe people! happy trading.
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