AUDUSD - ANALYSIS
👀 Observation:
Hey traders! Here’s my analysis for the AUD/USD pair. I’m currently expecting a small pullback before the price continues its downward trend. My first target for this move is between 0.60780 and 0.60430.
However, if the Australian Dollar breaks above 0.63022 on the 1H timeframe and holds, I anticipate a pullback towards higher levels on the higher timeframes.
📉 Expectation:
Downward movement towards 0.60780 - 0.60430, unless 0.63022 is broken.
If 0.6322 is broken to the upside, expect a pullback on higher timeframes.
💡 Key Levels to Watch:
Target Range: 0.60780 - 0.60430
Resistance to break: 0.63022
💬 What’s your take on AUD/USD? Let me know your thoughts in the comments below!
Trade safe
Hey traders! Here’s my analysis for the AUD/USD pair. I’m currently expecting a small pullback before the price continues its downward trend. My first target for this move is between 0.60780 and 0.60430.
However, if the Australian Dollar breaks above 0.63022 on the 1H timeframe and holds, I anticipate a pullback towards higher levels on the higher timeframes.
📉 Expectation:
Downward movement towards 0.60780 - 0.60430, unless 0.63022 is broken.
If 0.6322 is broken to the upside, expect a pullback on higher timeframes.
💡 Key Levels to Watch:
Target Range: 0.60780 - 0.60430
Resistance to break: 0.63022
💬 What’s your take on AUD/USD? Let me know your thoughts in the comments below!
Trade safe
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