MYOR: BREAKOUT CHANNELING, INDICATION OF BULLISH TREND AHEAD?

Hello Fellow Traders, here's your free outlook for AUDUSD! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :)

MYOR broke out of the flag pattern. Breakout of flag pattern indicates the possibility of bearish movement.The momentum indicator is crossing upward above the zero area, it signify the potential bullish movement to the target area.

The roadmap will be invalid after exceeding the support/target area.

DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the MYOR

Trade closed: target reached:

DONE TARGET 2, ENJOY THE WEEKEND GUYS!