AUDUSD Is Facing Strong Resistance Near 0.7530 - 0.7600 Area

AUDUSD Is Facing Strong Resistance Near 0.7530 - 0.7600 Area

Since the end of January 22, the price is moving within a large expanding pattern.

Over the past two months, we have seen that the AUD has not stopped the bullish movement at all.

The market is well positioned in the AUD during this time period when everything seems volatile.

All of this movement from bottom to top is almost +550 pips.

So maybe it's time the price can make a correction very quickly.

Thanks and good luck!