Hello my friends, today I want to talk to you about AUD/USD.
The Australian Dollar has formed an ascending channel and is trading inside.
The price is now trading under the resistance line.
The price can make a test of the resistance line, after which it will depart then it can decrease.
I expect the price can bounce off the resistance line and start dropping, after which it can reach the support line.
I set 2 targets.
The first target at the level 0.6650, two target at the level 0.6480.
I expect such a scenario.
This is an article, not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
The Australian Dollar has formed an ascending channel and is trading inside.
The price is now trading under the resistance line.
The price can make a test of the resistance line, after which it will depart then it can decrease.
I expect the price can bounce off the resistance line and start dropping, after which it can reach the support line.
I set 2 targets.
The first target at the level 0.6650, two target at the level 0.6480.
I expect such a scenario.
This is an article, not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.