AUD/USD is showing strong bullish momentum, breaking key resistance levels with increasing buying pressure. The pair is supported by a weaker USD, improving risk sentiment, and strong commodity prices, particularly in Australia's export sector. Technical indicators suggest further upside potential, with sustained demand and higher lows confirming the bullish trend. A break above recent highs could signal continued gains toward the next resistance zones.
Note
AUD/USD remains bullish, confirming strong upward momentum. With the trade playing out successfully, the focus shifts to identifying continuation patterns such as consolidations, bull flags, or bullish pin bars and engulfing candles to add more positions. If the market retraces, we’ll watch for liquidity grabs at previous lows before looking for fresh long entries. As long as structure remains intact and key support levels hold, the bullish trend is expected to continue.
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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.