Xoli

Short-Term Resistence (Bull Trend)

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
The only thing that we have as far as clarity is concerned right now is the 0.70 level, and the fact that it causes massive amounts of selling. That being said, if we were to break above that level, it is likely that the market will try to reach the 0.71 level, which breaking above there would be a “buy-and-hold” type of scenario.
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.