FX:AUDUSD   Australian Dollar / U.S. Dollar
48 0 2
AUD/UD has finally broken and closed above a weekly descending trend line which it has been following for some time now, price started to rise aft4er hitting some light support and followed a bullish trend line leading to the break. we can also see a clear break, close and retest of the descending trend line . our next upside target aligns with some historical heavy support at 0.75825, with our stop loss aligning with support at 0.70176.
NOTE:
take our charts as guidance, we are not always 100% right so this analysis should be traded alongside your own market analyse.
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