AUDUSD Weekly Forecast 30th Dec - 3rd Jan 2020
AUDUSD has started a reversal and is going strong.
After price broke above the falling channel and found support, it has now broken key supply zone.
With USD being weak as other currency pairs are gaining against the dollar, it is safe to assume AUDUSD will continue trending upwards.
Wait for a pullback to the broken supply zone to buy AUDUSD again.
The next visible resistance would be at 0.7055-0.7080.
After price broke above the falling channel and found support, it has now broken key supply zone.
With USD being weak as other currency pairs are gaining against the dollar, it is safe to assume AUDUSD will continue trending upwards.
Wait for a pullback to the broken supply zone to buy AUDUSD again.
The next visible resistance would be at 0.7055-0.7080.