AUDUSD Analysis
Updated
On the upside the pair is currently trading within a channel and the RSI failed to break the upward trendline. I expect the pair to target the upper bollinger band at 0.76900
On the downside a break out of the channel will take the pair to lower bollinger band and that will invalidate my view.
On the downside a break out of the channel will take the pair to lower bollinger band and that will invalidate my view.
Trade closed: target reached
Profit +90 pipsTrade closed: target reached
Second target reached + 185 pipsTrade closed manually
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.