AUD/USD Evaluation of Forecast for the Month of July 2020

Candlestick Set-up for uptrend. We're waiting for bullish engulfing pattern, V formation, or Hammer candlestick pattern for upward trend of candlestick. This July 22, 2020 as we forecast the trend hit the ceiling threshold of 0.69954 to 0.70633 breakout with 1876 pips after hitting the price level of 0.71817. At present 28 July 2020 12:00 PHT it's on sideways at price level 0.71373.

Timeframe: D1

Indicators Used: Rectangle, Trend Lines, and Fibonacci

Disclaimer: This trading signal is not accurate due to Market fluctuations. Trading currency and commodity futures are risky. Trade at your own risk.

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