FX.co ★ AUD/USD analysis for November 22, 2018

Recently, the AUD/USD pair has been trading downwards. The price tested the level of 0.7234. Anyway, according to the H1 time – frame, I found breakout of the supply trendline in the background and potential bullish flag in creation, which is a sign that selling looks risky. My advice is to watch for buying opportunities if you see a breakout of the bullish flag. The upward target is set at the price of 0.7336.