Simple Analysis for AUDUSD:
Current momentum is very Bullish, however we have reached to previous resistance area which could hold price and may pullback to downside SUPPLY & DEMAND Area. Otherwise, we can see further upside move to touch new target. At the moment, we're waiting on Daily chart Price Action behaviour to see any confirmation for SELL or BUY trade.
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Current momentum is very Bullish, however we have reached to previous resistance area which could hold price and may pullback to downside SUPPLY & DEMAND Area. Otherwise, we can see further upside move to touch new target. At the moment, we're waiting on Daily chart Price Action behaviour to see any confirmation for SELL or BUY trade.
Follow for more Analysis, i have nothing to sell to you but i'm providing more values to the community for free !
Best Regards.