InvestMate

🦘 AUD/USD Australian Dollar Withstands Pressure 🦘

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
🦘 AUD/USD Australian Dollar Withstands Pressure

🦘 Nearest strong support zone: around the 0.236 level of the upward wave.

🦘 Nearest strong resistance zone: around recent highs.

🦘 Technical environment:

- Moving averages: Uptrend

- MACD: Uptrend

- RSI: Uptrend

🦘 Price action: AUD/USD Holding up great, we are climbing higher week by week, the price formation also supports the pro rising scenario, yesterday's shooting star was negated today. I'm curious to see if we can break through the recent local peaks in the next few days, so far everything points to it. I encourage you to keep an eye on this pair.

🦘 The scenario I'm playing out is to wait for the breakout of new peaks and, after a test of new support, continue the upward movement. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

🦘 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

πŸš€ If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. πŸš€

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