Hello traders, we want to check the AUDUSD chart in the 1-hour time frame. The price has managed to break an ascending channel as well as the support area of 0.68600 and 0.68800, while it is moving in a descending channel. It has pulled back to the specified level. We expect it to continue its downward trend and fall to the price of 0.67400. Good luck.
AUDUSD sell Entry : 0.68794
Stop : 0.69545 , Target1 : 0.68110 , Target2 : 0.67400
Risk/Reward Ratio : 2
AUDUSD sell Entry : 0.68794
Stop : 0.69545 , Target1 : 0.68110 , Target2 : 0.67400
Risk/Reward Ratio : 2