In my last AudUsd analysis I had drawn the attention that 0.7 zone represents a strong demand zone and we can have a reversal from this point.
Indeed, the pair reversed strongly last week and at this moment is trading above August's low.
I'm bullish on this pair as long as 0.71 support holds and dips towards this zone should be bought.
0.73 could be bulls target
Indeed, the pair reversed strongly last week and at this moment is trading above August's low.
I'm bullish on this pair as long as 0.71 support holds and dips towards this zone should be bought.
0.73 could be bulls target
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