AUDUSD formed a rising wedge in the H4 timeframe and broke out of it.
Expecting price to fall some more to the downside seeing that Dollar index is gaining strength.
I would set TP along the area of 0.76700.
Disclaimer: This is a personal idea and should not be seen as providing a signal. Trade carefully and remember to use good risk management.
Expecting price to fall some more to the downside seeing that Dollar index is gaining strength.
I would set TP along the area of 0.76700.
Disclaimer: This is a personal idea and should not be seen as providing a signal. Trade carefully and remember to use good risk management.