TipTVFinance

AUD/USD - hourly chart bullish cypher pattern

FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
Once again, C has completed 1.272 extension and the candle close is not beyond the 1.414 projection. A rebound from 0.7192 (78.6% retracement of XC) could be expected followed by a rise to 0.7234-0.7240 levels.

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.