KlejdiCuni

AUDUSD: What Can We Expect Next?

Short
KlejdiCuni Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
The price is close to a strong support area. If buyers believe this move is over, we can see price testing at the top of the structure up to 0.7600.
A price break below 0.7476 would push it lower due to increased bearish momentum. The second scenario could move the price below 0.7406,0.7317.
However, considering the price development, I would like to be one of the biggest paintings. So to keep it simple I will wait only to sell in all the above scenarios.

Targets:
0.7406
0.7317

Thank you and Good Luck!
Trade closed: target reached:
Comment:
4-hour chart

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