There's a W pattern formed and it has retested the previous resistance formed and it has acted as a support. I think it's a good idea to buy here. Our target would be the 2 green lines and I'm aiming to the first one at 0.7080.
Do you have any other thoughts on AUDUSD? Let me know on the comments.
Do you have any other thoughts on AUDUSD? Let me know on the comments.
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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.