ThemasterFxIdea

AUDUSD on the M30 time-frame

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD may rise 46 - 71 pips

Our preference
Long positions above 0.7160 with targets at 0.7245 & 0.7270 in extension.

Alternative scenario
Below 0.7160 look for further downside with 0.7140 & 0.7120 as targets.

Comment
The RSI shows upside momentum.

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.