The bearish trend reversed during Friday’s trading session as AUDUSD managed to close above the first resistance level of 0.6352. If the bearish momentum can resurface, then the first support level of 0.6323 might not hold and causing the pair to fall further to 0.6284. Conversely, the bulls may proceed and break the resistance level of 0.6393 and proceed higher to 0.6423.
Pivot point: 0.6353
Resistance level 1: 0.6393 Resistance level 2: 0.6423 Resistance level 3: 0.6462
Support level 1: 0.6323 Support level 2: 0.6284 Support level 3: 0.6254
Pivot point: 0.6353
Resistance level 1: 0.6393 Resistance level 2: 0.6423 Resistance level 3: 0.6462
Support level 1: 0.6323 Support level 2: 0.6284 Support level 3: 0.6254