Australian Dollar / U.S. Dollar
Long
Updated

Bullish Divergence on AUD/USD—Key Resistance Ahead!

235
AUDUSD
Multi-Timeframe Analysis

After analyzing the chart, we observed that the price found strong support at 0.64698, accompanied by a bullish divergence on the daily timeframe. Following the Change of Character, the price is likely to move toward the Major Resistance at 0.65913.

Key Levels:
• Ultimate Support: 0.64698
• Major Resistance: 0.65913
• Ultimate Resistance: 0.67138

Reminder: Consistently following your risk management strategy is crucial for long-term trading success.

Disclaimer: This analysis is for informational purposes only and is not financial advice. Always trade responsibly.

Happy trading!
Trade closed manually

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.