Technical Analysis : AUD/USD 22 April 2020

Forex Technical Analysis : AUDUSD

Target Level 0.6214

Date : 22 April 2020

Support Line (A) : 0.6271 – Last TP of Triangle

Resistance Line (B) : 0.6397 – Last TP of Triangle

Target Period : 2 days

Interval : 4 hours

Pattern : Triangle

Length : 65 Candles

Detail : Triangle has broken through the support line at 21-Apr-04:00. Possible bearish price movement forecast for the next 2 days towards 0.6214. (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.