AUDUSD is currently respecting an upward trendline after bouncing off the local bottom. The pair broke out of the consolidation range and formed a higher high, signaling bullish continuation. A pullback is now testing the trendline and support zone — a bounce here could lead to a rally toward the upper resistance.📌 Key Levels
- Support Zone: 0.64391 – 0.64450
- Breakout Target: 0.65000
- Invalidation Level: 0.63934 (below trendline + structural break)
⚠️ Risks
- Failure to hold the support zone could lead to a trendline break and deeper drop toward 0.63934.
- Low liquidity or fakeouts near 0.65000 may trigger reversals.
- Unexpected macro news may distort short-term technicals.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Trade closed: target reached
The price hit TP +63p
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🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.