AUDUSD facing bullish pressure| 29 Apr 2021
Prices are facing bullish pressure from horizontal swing low support in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 78.6% Fibonacci extension. If prices push down further, prices might take support on horizontal swing low support in line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
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.