AUDUSD. The pair continued lower to our initial target at 0.7175

Now, a pullback at the broken base and at the top of the channel that contains the new downtrend provide fresh sell opportunity.
We set our stops above 0.7240 and our targets at 0.7170 and 0.7130 which is the projected target of the broken formation

Now, a pullback at the broken base and at the top of the channel that contains the new downtrend provide fresh sell opportunity.
We set our stops above 0.7240 and our targets at 0.7170 and 0.7130 which is the projected target of the broken formation
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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.