Dear Traders,
I trust you're doing alright.
AUDUSD has broken out of the bearish trendline. This is the first sign of a bearish exhaustion and a possible bullish reversal. However, the Price needs to break the static resistance level at 0.65 to confirm the bullish trend.
On the other hand, a break below the support level would signify a bearish continuation.
Kindly like and comment below.
Please what do you think about AUDUSD?
I trust you're doing alright.
AUDUSD has broken out of the bearish trendline. This is the first sign of a bearish exhaustion and a possible bullish reversal. However, the Price needs to break the static resistance level at 0.65 to confirm the bullish trend.
On the other hand, a break below the support level would signify a bearish continuation.
Kindly like and comment below.
Please what do you think about AUDUSD?
Comment:
AUDUSD is currently at important support. We expect the price to grow from here.
