AUD/USD: Aussie made a halt
AUD/USD: Aussie made a halt
Recommendations:
BUY 0.812 SL 0.8065 TP 0.822
BUY 0.805 SL 0.795 TP1 0.815 TP2 0.822
SELL 0.8005 SL 0.806 TP 0.79
On the daily chart, AUD/USD “bulls” attempted to activate pattern AB=CD with a target at 127,2%, that failed. If Aussie comes back to the support level at $0,805, there will be risks of a pullback in the direction of $0,799 and $0,79.
On the hour chart, if AUD/USD falls below the support line in 0.8005, it will activate a pattern “Widening wedge”. On the other side, a hit of the support level at 0.8120 will be a sign the bullish trend’s resumption.