AUDUSD DAILY:TARGET 0.6987 DONE,OVERSOLD BUT STILL TARGET 0.6776
AUDUSD broke below 0.7134 and hit 0.6987 target.
As I said in previous outlook, "Break below 0.7134 potentially target 0.7086 & 0.6987."
AUDUSD hit low at 0.6829. Now, AUDUSD rebound and regain 0.6987.
There is stiil possibility for a move toward 0.7086,
Next resistance at 0.7134, 0.7165 & 0.7266 (former support).
Break above 0.7458 would open the way to retest 0.7555, 0.7616 & 0.7662.
Anyway, while below 0.7266 still bearish.
Break Below 0.6829, bearish continue with target toward 0.6776 & 0.6685.
As I said in previous outlook, "Break below 0.7134 potentially target 0.7086 & 0.6987."
AUDUSD hit low at 0.6829. Now, AUDUSD rebound and regain 0.6987.
There is stiil possibility for a move toward 0.7086,
Next resistance at 0.7134, 0.7165 & 0.7266 (former support).
Break above 0.7458 would open the way to retest 0.7555, 0.7616 & 0.7662.
Anyway, while below 0.7266 still bearish.
Break Below 0.6829, bearish continue with target toward 0.6776 & 0.6685.
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Related publications
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.