Currently, AUD/USD is trading at 0.6864. The pair started a new down trend after breaking support level and neck line at 0.6911. Previously, the pair was trading in an up trading while moving in an higher-high lower-low pattern. As the pair has already started a new down trend, its first target is at 0.6727 and second target is at 0.6613.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat