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Australian Dollar can test the resistance line and start fall
Australian Dollar / U.S. Dollar
Short
Australian Dollar can test the resistance line and start fall
By AtlasTrades
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Dec 4, 2022
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Dec 4, 2022
Hello my friends, today I want to talk to you about AUD/USD
The price formed an ascending wedge and is now inside.
Price is close to the resistance line and can test it.
Australian Dollar can rise to the resistance line, then bounce back and start to decline.
I expect that tomorrow after the opening of the market, the price after a possible retest can begin to decline.
I set 2 goals.
First goal is at a level 0.673 that coincides with the support line and second goal at a level 0.665
I expect such a scenario.
This is an article not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
Trend Analysis
AtlasTrades
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