Technical Analysis : AUD/USD 15 June 2020

Forex Technical Analysis : AUDUSD

Target Level 0.6755

Date : 15 June 2020

Support Line (A) : 0.6845 – Last TP of Descending Triangle

Target Period : 9 hours

Interval : 1 hour

Pattern : Descending Triangle

Length : 28 Candles

Detail : Descending Triangle has broken through the support line at 15-Jun-13:00. Possible bearish price movement forecast for the next 9 hours towards 0.6755. (Supported by Downward sloping Moving Average)

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Autochartist

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– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.