In the H1 chart, you can see that AUDUSD has not been able to break its resistance area of 0.6566 for about 19-20 days and after trying twice now the price is near the third resistance top. If the price reverses from here, then we will get a good chance to earn 140 points by next support 0.6421
The MACD indicator has also crossed 2 times and is now ready to go down. Therefore, with 2-3 confirmation, we are finding the probability of trade very high.
If you want, you can take a trade around 0.6555, It has to keep a stop loss of 30pips and the target can be kept from 60-140pips.
The MACD indicator has also crossed 2 times and is now ready to go down. Therefore, with 2-3 confirmation, we are finding the probability of trade very high.
If you want, you can take a trade around 0.6555, It has to keep a stop loss of 30pips and the target can be kept from 60-140pips.