AUDUSD ON 4 H AND Daily frame has confirmation with breakout of the support , also another descending channel has been broke to downside.
The first target after continuation and breaking the strong support is 0.7200, testing the resistance of 0.7300 will give possibilities for down leg move to 0.7000.
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The first target after continuation and breaking the strong support is 0.7200, testing the resistance of 0.7300 will give possibilities for down leg move to 0.7000.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carry a high-risk level. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and such sites. Furthermore, one understands that the company carries zero influence over transactions, needs, and trading signals. Therefore, it cannot be held liable nor guarantee any profits or losses.