AUD/USD: detailed breakdown

88
As it can be illustrated from the graph, the price has successfully rejected the 0.726 area of resistance. we can see that the price has broken out of the ascending channel pictured on the chart and a huge wick candlestick pattern has re-tested the broken structure. From here, we are expecting for the price to keep dropping and reach the target portrayed on the chart.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.