As you can see AUDUSD is facing some heavy resistance from those trend lines. If it breaks those trend lines then there is a strong chance it will hit 127% fib where a pocket from the gann fanns meets. This would put it at .79 cents AUDUSD also has alot of bullish divergence in both RSI and MACD.
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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.