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AUD/USD The Scope for the Next Target is Open

By
Nenad Kerkez
Published: Apr 5, 2022, 09:01 GMT+00:00

The AUD/USD continues with an uptrend. As we can see longs from 0.7090 are playing out well.

AUD/USD The Scope for the Next Target is Open

AUD/USD Technical Analysis

  • Uptrend continues
  • Good R:R
  • M H4 is the next target
  • 0.8000 more likely
  • 1 more long added

Daily Chart AUD/USD

  1. Order block
  2. Lower low
  3. Breakout
  4. Target

The AUD/USD continues with an uptrend. As we can see longs from 0.7090 are playing out well. We should see the move towards 0.7683 as the first target. Buying the dips is the best option as AUD/USD is having a very strong trend. Q H4 is very possible and the way towards 0.8000 is also confirmed.

For a look at all of today’s economic events, check out our economic calendar.

Cheers and safe trading,

Nenad

 

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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