FxWirePro

Aussie takes support near 200 day HMA, targets 0.7850

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
6
AUD/USD has recovered after making a low of 0.7730 level. Intraday trend is bullish as long as support 0.7720 is intact.

On the higher side any break above 0.7780 will target 0.7845/0.7935 in short term.

It is good to buy at dips around 0.7775 with SL around 0.7720 for the TP of 0.7845/0.7900.
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.