"Which will be the next move?" AUDUSD 1H Short View
1H Chart Explanation:
- Price is currently on an Ascending Channel.
- Price is against an important Resistance Zone.
- Bearish Divergence on MACD.
- If price breaks the Channel, it has potential to move down towards the Support Zone at 0,687.
Check out our last prediction on this instrument in the Related Ideas!
Also, there you will find our Top and Bottom Analysis.
Updates coming soon!
- Price is currently on an Ascending Channel.
- Price is against an important Resistance Zone.
- Bearish Divergence on MACD.
- If price breaks the Channel, it has potential to move down towards the Support Zone at 0,687.
Check out our last prediction on this instrument in the Related Ideas!
Also, there you will find our Top and Bottom Analysis.
Updates coming soon!
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.