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Profitlio_Trading
Jan 30, 2022 12:17 PM

AUDUSD Can show up a reversal on this area Long

Australian Dollar/U.S. DollarFXCM

Description

Market Instrument: AUDUSD
Timeframe: D1
Analysis: Technical
Structure: Major Daily Support and Channel
Prediction: Bullish

After the drop as we expected through our previous analysis things are looks like turning up favor to the bullish momentum. The price has revisited the major support and if the price respects the support and the lower boundary of the channel formed Aussie dollar has a great potential to show up a good bull trend ahead on 15 Minutes to H4 timeframes...
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