AUDUSD Mid-Long Term Outlook

Updated
AUDUSD is approaching its major resistance. Should this major resistance break (uptrend), then it is a confirmation that AUDUSD will re-enter its ascending triangle market structure before a major descent once more. However, my personal opinion thinks that we will just touch this as a form of "re-test" for the ascending channel before a descent to 0.68 levels. For short-term outlook, we can go long up to 0.728 levels for now.

Disclaimer: This is for educational purposes only.
Note
Bigger Picture: snapshot
audAUDUSDChart PatternsTechnical IndicatorsTrend AnalysisUSD

Related publications

Disclaimer