AUDUSD tackles pivotal zone
The Aussie is about to tackle a significant resistance zone around ~0.931. The price did breakout from the descending trend channel, will have to wait to see if this move is sustainable. If the Aussie busts through that important structure we go for a bearish cypher pattern completion. Very interesting situation at the moment, maybe the fundamentals will give an impulse for the direction tomorrow.
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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.