AUD/USD IS BEARISH STRUCTURE
Howdy Traders,
AUD/USD has experienced a bearish rally for the past nine days, during which it found strong support at 0.65735. This support level has proven reliable in the past, as it successfully held the market. Furthermore, a subsequent bullish rally was observed.
In terms of the target, the market has confirmed a bearish outlook by breaking the 100-day EMA. This indicates that the market is likely to continue selling.
If the market sustained its support level so good movement is seen on the upside.
The target is- 0.66220,0.66047
AUD/USD has experienced a bearish rally for the past nine days, during which it found strong support at 0.65735. This support level has proven reliable in the past, as it successfully held the market. Furthermore, a subsequent bullish rally was observed.
In terms of the target, the market has confirmed a bearish outlook by breaking the 100-day EMA. This indicates that the market is likely to continue selling.
If the market sustained its support level so good movement is seen on the upside.
The target is- 0.66220,0.66047
Trade active
0.66220Note
0.66047Note
AUDUSD gave a good move.Note
High - 68948
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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.