AUD/USD 4H CHART PATTERN

6 Haz

The AUD/USD daily chart displays a clear upward breakout from a consolidation phase, following a prolonged downtrend. The price is moving within an ascending channel and recently tested a key support zone (highlighted in blue), which held firmly. The Ichimoku cloud shows bullish momentum with price action above the cloud. Projected targets are based on pattern continuation and breakout potential. The chart anticipates further gains as bullish pressure builds. The overall trend suggests buying opportunities with well-defined targets and risk levels. Momentum indicators and price structure support a potential rally in the coming sessions.

Entry Point: 0.64950
First Target: 0.6700
Second Target: 0.69380

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6 Haz

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