Dolar Australia / Dolar A.S.Panjang
AUDUSD Will Move Higher! Long!
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Please, check our technical outlook for AUDUSD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.661.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.667 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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Nota
Great beginning for a trade, let’s hope it goes further!
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🔝Best Broker: icmarkets.com/trading-markets/forex/?camp=51166
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