forextidings

Is AUD/USD in a Short Time Fall?

OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Here's the AUD/USD 15m chart. It started to rise from the 19th of March,2020. The actual trend is positive. Right now, it's trying to hit 0.7732, and for that, it has to cross 0.7728. If AUD/USD keeps moving upward, then a target for the uptrend will be 0.7740 - 0.7749.
But there is an absolute possibility of the reversal from 0.7732 (nearby level). And if there is a reversal or a fall, then a target for the short time downtrend is as following 0.7705 - 0.7690 - 0.7680.


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.