Hello traders, we want to check the AUDUSD chart in the 1-hour time frame. The price has managed to break an ascending channel as well as the support area of 0.68600 and 0.68800, while it is moving in a descending channel. It has pulled back to the specified level. We expect it to continue its downward trend and fall to the price of 0.67400. Good luck.
AUDUSD sell Entry : 0.68794
Stop : 0.69545 , Target1 : 0.68110 , Target2 : 0.67400
Risk/Reward Ratio : 2
AUDUSD sell Entry : 0.68794
Stop : 0.69545 , Target1 : 0.68110 , Target2 : 0.67400
Risk/Reward Ratio : 2
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.
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.