I am expecting AUDUSD to continue bullish momentum on further USD weakness from new and strong support level 0.68. If price again breaks the 0.69 level as a short term resistance zone, I expect price to continue to rally towards the major resistance zone of 0.70 as has been seen previously. If price manages to hold above this key level, I see this pair as a longer hold buy to continue the bullish overall bullish trend, H4 and Daily time frames.
Note
Price has been in consistent range since I published this analysis, still awaiting on breakout either way to enter a trade on this pair
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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.