EXNESS - Analytics

    EXNESS

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    AUDUSD: consolidation in the range of 0.7278-0.7380

    Buy on a level breakthrough of 0.7380 with 0.7448 target. Stop loss = 0.7330.

    Reason for the trading strategy

    In September, Australia's business climate index increased from 1 p. to 5 p., signaling an improvement in the country's market conditions. After a corrective decline, the AUD/USD pair may again test the level of 0.738.

     

    AUDUSD, H4

    AUDUSD


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