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 - 68948Trade closed: target reached
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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.
We're about to hit 2,000 followers on TradingView! 🚀
Special discount on our pricing plans! 🎉 - t.me/moneydictators
For Premium Research and Elliott wave Guidance: t.me/warlockmd
Special discount on our pricing plans! 🎉 - t.me/moneydictators
For Premium Research and Elliott wave Guidance: t.me/warlockmd
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.