A potential channel formation is developing, and AUD is searching for new highs within an ABC structure on the daily timeframe. The target is around 0.65.
If 0.636 fails to break, a correction could offer a good entry opportunity. Watch for confirmation signals. 📈🔍
If 0.636 fails to break, a correction could offer a good entry opportunity. Watch for confirmation signals. 📈🔍
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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.