traderpulse

AUD/USD Technical analysis

Long
traderpulse Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
The counter is in a strong short-term bull trend.
The recent correction in the counter in the form a bullish flag pattern has ended with a break out of the pattern.
Hence, we expect the pair to continue its up trend and hit the resistance levels of 0.68833 and 0.69034.
Trade closed: target reached

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.