AUDUSD: Analyzing Trends and Factors Affecting the AUD/USD
The AUDUSD is currently at a very solid resistance level which also aligns with the 61.8% Fibonacci retracement and the 161.8% Fibonacci projection
I believe a rejection from this level could lead the price to drop towards the 1st support level which is a pullback support.
I believe a rejection from this level could lead the price to drop towards the 1st support level which is a pullback support.
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.