T3-Consultancy

AUDUSD H1: Bullish outlook seen

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
On the H1 time frame, a pullback to the support zone at 0.6870, in line with the Fibonacci confluences and ascending channel’s support could see a bounce to the resistance target at 0.6930. Failure to hold above the support zone at 0.6870 could see further downside to the next support zone at 0.6820.
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