RhythmFX

AUD/USD valid breakout targets 0.7420

Long
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
As we highlighted yesterday that we wanted to see a confirmation of breakout or reversals in AUD/USD, and the price action today suggests that AUD/USD confirms the uptrend.

Note: We are buying the dips on AUD/USD with stops at the support levels at 0.7330 to target 0.7420 in short term trading.
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.