Dear Trader,
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 must 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.
Please what do you think about AUDUSD?
Kindly like and comment below.
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 must 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.
Please what do you think about AUDUSD?
Kindly like and comment below.
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Related publications
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.