Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6835). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.

Take Profits:
TP1= @ 0.6895
TP2= @ 0.6920
TP3= @ 0.6975

SL= Break below S2

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audAUDUSDaustraliandollarChart PatternsTechnical IndicatorsTrend AnalysisUSD

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