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AUD/USD on the Bullish Path

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
ThinkingAntsOk  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis aud USD AUDUSD LONG Bullish Patterns analysis setup
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trendanalysis supportandresistance mtfa aud usd audusd long bullish analysis setup
🔸DAILY CHART EXPLANATION:
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🔸Price broke the Descending Trendline and the Resistance Zone at 0.70000.
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🔸It has bounced at the minor Resistance at 0.74000, but we consider that it is just a corrective move to continue the uptrend.
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🔸We can observe that price retested the Support Zone (Previous Resistance) at 0.70000 and was rejected. We consider that this pair has potential to break the Resistance Zone.
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🔸 Will look for a lower timeframe bullish setup.

🔸WEEKLY CHART ANALYSIS:

snapshot
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