AUDUSD is on neutral 1D technicals (RSI = 51.267, MACD = -0.001, ADX = 34.243) as it has been basically trading sideways for the past 30 days. The pattern looks a lot like the November/December 2022 Channel Up, which broke out to the R1. As long as the S1 holds, we will be buyers (TP = 0.71250). If the S1 breaks, we will take the loss and sell, targeting the S2 (TP = 0.62250).
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investingscope.com
Over 65% accuracy on Private Signals Channel.
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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.