AUD/USD 2-hour chart Pattern..AUD/USD 2-hour chart
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📊 Chart Overview
Pair: AUD/USD
Timeframe: 2-hour
Current Price: Around 0.6490
Support Zone: Around 0.6460 – 0.6470 (small consolidation area below price)
Indicators: Ichimoku Cloud + Trendline Break
Bias: Bullish correction after a breakout from downtrend line
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🎯 Target Levels
1. 🎯 Target Point 1 (Short-Term Target):
Price Zone: 0.6530 – 0.6540
This matches my first blue “Target Point” on the chart.
It’s the first major resistance level above the cloud and likely a take-profit zone for early longs.
Expect some price reaction or pullback around this area.
2. 🎯 Target Point 2 (Extended Target):
Price Zone: 0.6600 – 0.6610
This is my second (upper) “Target Point” on the chart.
It aligns with a previous high and represents the completion of a bullish swing projection if momentum continues.
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🧭 Summary Table
Target Type Price Level Notes
🎯 TP1 0.6530 – 0.6540 First resistance / partial profit zone
🎯 TP2 0.6600 – 0.6610 Extended bullish target (strong resistance area)
🛑 Support / Stop Area 0.6460 – 0.6470 Key support / invalidation zone
