📉 AUDUSD – Potential Rebound from Key Support
Price is currently responding to a well-established horizontal support level, indicating a possible short-term bullish retracement.
The appearance of a bullish imbalance candle on the 1-hour timeframe further strengthens the case for a recovery move.
🎯 Target: 0.658
🕐 Timeframe: 1H
📌 Outlook: Short-term Bullish
Price is currently responding to a well-established horizontal support level, indicating a possible short-term bullish retracement.
The appearance of a bullish imbalance candle on the 1-hour timeframe further strengthens the case for a recovery move.
🎯 Target: 0.658
🕐 Timeframe: 1H
📌 Outlook: Short-term Bullish
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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.
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.