Mihai_Iacob

AudUsd could rise to 0.7850 resistance

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
After finding strong support and bids under 0.76, AudUsd has risen and broken above the descending trend line which can signal that the correction is over and the pair is resuming its uptrend.
Now Aussie is consolidating gains above 0.77 support and a new leg up could follow
In my opinion, dips towards this support should be bought and only a drop under 0.7650 would negate this scenario

Regards
Mihai Iacob

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
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.