In my last week's AudUsd post, I wrote that the pair has bullish perspectives as long as 0.65 support remains intact.
Indeed, this was the case and, after a few days of consolidation above this important support level, aUDuSD reversed to the upside but, more importantly, broke above the falling trend line resistance.
My outlook remains bullish for this pair and I expect my target of 0.69 to be reached.
Negation comes with a fall back under the trendline
Indeed, this was the case and, after a few days of consolidation above this important support level, aUDuSD reversed to the upside but, more importantly, broke above the falling trend line resistance.
My outlook remains bullish for this pair and I expect my target of 0.69 to be reached.
Negation comes with a fall back under the trendline
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.