FX:AUDUSD   Australian Dollar/U.S. Dollar
128 0 1
AUDUSD_ forecast

Aussie is located at the moment in a demand area, namely within our dark green rectangle .
The support upward trend line with an angle of 20^o has been broken at about 0.7570, anyway the current price at 1Month chart is still supported by the downward support trend line in yellow.
Some scenarios for Aussie :
1. Wait and
Buy@0.70200,, if the D1 candles closed above 0.7000
T/p@0.7780
S/l@0.6945

2. Buy/sell according to our call out above.

Trade well!

Makkaba team
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