veryrxre

AUDUSD TO BREAK RESISTANCE

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD has reached both of this weeks targets while still holding a fair amount of momentum.Once again we have reached our familiar reversal zone that showed SUPPORT in early November then Resistance in late November and Early December. According to our MACD indicators we can expect a bullish divergence allowing the price to break through our targeted resistance level and rally up towards our new at around 0.76400.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.