DariusAnucauskas

AUDUSD - Daily - Psychological 0.80 .

Long
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
The pair is getting closer to that beautiful round 0.80 level. It almost hit that last week, but still there wasn't enough power in it. It may seem that there is a good chance to hit it this week.

If it's the downside that we are looking, then the re-test of last week's lows could indicate that this pair is tired and needs a bit of fresh selling-off.

As always, keep an eye on the price action.
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.