AUDUSD looking Bullish
**Monthly Chart**
Last month candle closed as bearish indecision candle after moving lower from the monthly order block (MC) of Jan 2024. This month candle opened with the range of previous month candle and started moving higher only to test the MC and moves back to the range of last month candle.
I can see AUDUSD is moving at the end of the monthly descending triangle and near the monthly liquidity candle which could push the price higher in the coming few weeks.
**Weekly Chart**
There was a key reversal on weekly chart from 12 Feb 2023 week and the price tested twice before moving higher. This week I will be looking for a buying opportunity with target above 0.69000 (Round number + Key level as AUDUSD will try to break above that range high. This will be around +500 pips.
**Daily Chart**
AUDUSD looks bullish after completion of the corrective structure. This week I will be looking for a bullish confirmation to buy AUDUSD with target above 0.67000 level.
Last month candle closed as bearish indecision candle after moving lower from the monthly order block (MC) of Jan 2024. This month candle opened with the range of previous month candle and started moving higher only to test the MC and moves back to the range of last month candle.
I can see AUDUSD is moving at the end of the monthly descending triangle and near the monthly liquidity candle which could push the price higher in the coming few weeks.
**Weekly Chart**
There was a key reversal on weekly chart from 12 Feb 2023 week and the price tested twice before moving higher. This week I will be looking for a buying opportunity with target above 0.69000 (Round number + Key level as AUDUSD will try to break above that range high. This will be around +500 pips.
**Daily Chart**
AUDUSD looks bullish after completion of the corrective structure. This week I will be looking for a bullish confirmation to buy AUDUSD with target above 0.67000 level.
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