AUD/USD The Scope for the Next Target is Open

2 min read
tarantula fx

tarantula fx

Head of Trading
  • Uptrend continues
  • Good R:R
  • M H4 is the next target
  • 0.8000 more likely
  • 1 more long added

Daily Chart AUD/USD

  1. Order block
  2. Lower low
  3. Breakout
  4. Target

The AUD/USD continues with an uptrend. As we can see longs from 0.7090 are playing out well. We should see the move towards 0.7683 as the first target. Buying the dips is the best option as AUD/USD is having a very strong trend. Q H4 is very possible and the way towards 0.8000 is also confirmed.

Good trading,
Nenad Kerkez

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