AUDUSD may break .7000
Hello Traders,
It is possible that current upward momentum and poor economic numbers out of the US this week will carry the AUDUSD past the 2020 high. I expect price to break the .7000 range prior to making any significant draw-backs. Price has blown by Bearish Divergence set-ups multiple times in the past days and I expect this trend to continue until the .7000 range is reached.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
It is possible that current upward momentum and poor economic numbers out of the US this week will carry the AUDUSD past the 2020 high. I expect price to break the .7000 range prior to making any significant draw-backs. Price has blown by Bearish Divergence set-ups multiple times in the past days and I expect this trend to continue until the .7000 range is reached.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
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