It is the AUD/USD 2hr chart. At present, it's rising by taking the support of the minor support trendline. The trend moves the same as the previous then, it will touch the following targets 0.7390 - 0.7422.
But if we analyze the trend, it's trying to break the minor support. RSI also shows the downtrend. So, if it falls, the trend will reach the following targets 0.7340 - 0.7324.
But if we analyze the trend, it's trying to break the minor support. RSI also shows the downtrend. So, if it falls, the trend will reach the following targets 0.7340 - 0.7324.
Trade closed: target reached
All targets reached.
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.
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.