From our previous analysis, the market was in a critical moment and after it moved above
0.6450 it didn't stop until now.
Currently, AUDUSD is facing another strong resistance zone located near 0.6640.
The price was rejected near to this area several times on the past by adding more valut the to strength of this structure.
We have to look at for possible reversal signs if we want to trade on the "ShORT" side
We have to wait for the price to bounce above 0.6640 for a bullish wave. If this breakout happens we may see AUDUSD rising further up to 0.6840.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Previous Analysis:
0.6450 it didn't stop until now.
Currently, AUDUSD is facing another strong resistance zone located near 0.6640.
The price was rejected near to this area several times on the past by adding more valut the to strength of this structure.
We have to look at for possible reversal signs if we want to trade on the "ShORT" side
We have to wait for the price to bounce above 0.6640 for a bullish wave. If this breakout happens we may see AUDUSD rising further up to 0.6840.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Previous Analysis:
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