Is the AUDUSD pair ready to move higher?

133
Technical Analysis for AUD/USD on January 16, 2024:

Main Trend: UP

Details: It appears that the AUD/USD pair is receiving strong support from the current level (0.6660) due to:

1. Upward trendline.
2. Daily horizontal support level.

Technically, the pair is aiming for higher levels around (0.6760).

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.