AUD/USD is Moving Downwards

It is the AUD/USD 2hr chart. At present, it's rising by taking the support of the minor support trendline. The trend moves the same as the previous then, it will touch the following targets 0.7390 - 0.7422.

But if we analyze the trend, it's trying to break the minor support. RSI also shows the downtrend. So, if it falls, the trend will reach the following targets 0.7340 - 0.7324.

Trade geschlossen: Ziel wurde erreicht:

All targets reached.