Australian Dollar / U.S. Dollar
Short
Updated

Short-term potential trade

567
For the short-term trade, It has the potential to fall to retest the broken minor trendline. My long-term target remains the same at 0.664.

Catalyst: Price action, AUD CPI, US CB, FOMC, and PMI

PS: This short-term analysis fails if it can break out and close above 0.647

Here's the link to my Buy analysis
Chart update
Order cancelled
Trade canceled, I don't like to see the price action and candles on the lower time-frame. I stick to the long-term trade target at 0.664. Currently waiting for the right time to adding more buy positions.
Note
My long-term target remains the same, here's the link
Chart update

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.