AUDUSD : Short Trade , 1h

٨ فبراير ٢٠٢٣

Hello traders, we want to check the AUDUSD chart together. The price has managed to break the upward trend line and continue to fall to the key level of 0.68600, then it has returned from this level and made a price correction to the level of 0.69900. Considering that the price is moving in a downward channel, we expect the price to fall once again to the level of 0.69900. If the downward price has strength, the next target that can be expected for the price is the key level of 0.67400. Good luck.

AUDUSD sell Entry : 0.69843

Stop : 0.70455 , Target : 0.68620

Risk/Reward Ratio : 2