AUD/USD The Scope For The Next Target Is Open

Analyst, Full-Time Trader • Apr 5, 2022 at 8:35 AM EDT

The AUD/USD continues with an uptrend.

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

Daily Chart AUD/USD

(Click on image to enlarge)

Order block
Lower low
Breakout
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.

Disclaimer:

The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilizing methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis.

Individuals should consult with their personal financial advisors before engaging in any trading activities.

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Daily Chart AUD/USD

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