Technical Analysis : AUD/USD 15 May 2020

Forex Technical Analysis : AUDUSD

Target Level 0.6404

Date : 15 May 2020

Support Line (A) : 0.6404 – Last TP of Channel Down

Resistance Line (B) : 0.6473 – Last TP of Channel Down

Target Period : 15 hours

Interval : 1 hour

Pattern : Channel Down

Length : 52 Candles

Detail : Channel Down identified at 15-May-11:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.6404 within the next 15 hours.

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

Source : Autochartist

If you open a live account with a broker that support Autochartist, you’ll get :

– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.