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Australian Dollar / U.S. Dollar
Long

AUDUSD H2 OUTOOK

109
The chart for AUD/USD on a 2-hour timeframe, with the current price at 0.66523, highlights several Change of Character (ChoCh) and Break of Structure (BoS) points, indicating trend shifts and continuations. The price is moving towards a demand area around 0.66071, suggesting a potential bullish reversal. A projected "W" pattern indicates a possible double bottom before a bullish breakout, targeting around 0.66797, with a stop-loss near 0.65888.
DCBFOREXTRADING
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Beyond Technical AnalysisFundamental AnalysisTrend Analysis

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Beyond Technical AnalysisFundamental AnalysisTrend Analysis
DCBFOREXTRADING
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.