I am expecting AUDUSD to continue bullish momentum on further USD weakness from new and strong support level 0.68. If price again breaks the 0.69 level as a short term resistance zone, I expect price to continue to rally towards the major resistance zone of 0.70 as has been seen previously. If price manages to hold above this key level, I see this pair as a longer hold buy to continue the bullish overall bullish trend, H4 and Daily time frames.
Kommentera:
Price has been in consistent range since I published this analysis, still awaiting on breakout either way to enter a trade on this pair