AUDUSD Will Go Higher! Buy!

٣٠ مايو

Please, check our technical outlook for AUDUSD.

Time Frame: 15m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is trading around a solid horizontal structure 0.661.

The above observations make me that the market will inevitably achieve 0.662 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

٣١ مايو

أغلقت الصفقة: تم الوصول للهدف

That was an excellent trade and the target was reached too!