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FX618Analysis
Nov 23, 2022 2:02 PM

64 Cents In Sight For The Aussie? Likely so! Short

Australian Dollar/U.S. DollarFXCM

Description

Based on the technical picture, the AUDUSD has broken the demand zone & support on 4H timeframe which was also confirmed on the daily timeframe. Now the price seems likely to fall towards the upcoming demand zone / support. Have a look at the main chart for full details on this trade. If you wish to enter, make sure the RR is at least 1:1.

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