A Potential Swift Move to the Upside for the AUD/USD

A Potential Swift Move to the Upside for the AUD/USD

AUD/USD OANDA:AUDUSD


💡 Trade Idea

📉 Buy Limit AUD/USD @ 0.7372

🎯 Target Profit 0.7413

🛑 Stop Loss 0.7351

❌ Do not risk more than 1% of your account on each trade

🙂 Good Luck!

The pair was ranging inside a corrective channel and managed to breakout to the upside. A pullback is posted towards the 0.7372 level, and our expectation that this support could hold the pair to move downward and then push it to the upside towards the 0.7413 level.

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