Mahtab_Tradia

AUDUSD Rise After Retrace

Long
FX:AUDUSD   Dollaro australiano / Dollaro
As you see in the 4H time frame, price is in a strong uptrend and has made a bullish structure with higher highs and higher lows.

Currently, price has approached to the resistance level at 0.6675 and is struggling to break it, but I expect downside push and a throwback near the support zone.

Afterwards, we can expect a continuation of rising towards the marked green levels around 0.6730-0.6770 and in the case of an upside breakout on this area, the next target would be around 0.69

What is your opinion about AUDUSD? Feel free to share your ideas in the comments.






Join My Telegram Channel:
t.me/Tradia_Channel

Follow My Instagram:
Mahtab_Tradia

My YouTube Channel:
youtube.com/channel/UCLVMX3VGgdo8d02jF99SihQ
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.