AUDUSD has recently broken decisively above a key resistance zone that had previously cape price for several months. This bullish breakout followed a period of compression and range-bound price action, signalling strong accumulation and building momentum.
As long as price holds above the retested resistance zone, the bullish outlook remains intact. With the current structure and upward momentum, AUDUSD is likely to extend higher towards the next major target near 0.97006.
You can see more details in the chart Ps Support with like and comments for more analysis.
As long as price holds above the retested resistance zone, the bullish outlook remains intact. With the current structure and upward momentum, AUDUSD is likely to extend higher towards the next major target near 0.97006.
You can see more details in the chart Ps Support with like and comments for more analysis.
Trade closed: target reached
Join My telegram Channel
t.me/FOREX_FREE_SIGNALS_1
Free Forex Signals
t.me/Jamessignals11
t.me/FOREX_FREE_SIGNALS_1
Free Forex Signals
t.me/Jamessignals11
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.
Join My telegram Channel
t.me/FOREX_FREE_SIGNALS_1
Free Forex Signals
t.me/Jamessignals11
t.me/FOREX_FREE_SIGNALS_1
Free Forex Signals
t.me/Jamessignals11
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.