AUDUSD: What Can We Expect Next?

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 fermée: cible de profit atteinte:

Commentaire:

4-hour chart