Trader_97

AUSSIE/DOLLAR PUSHING HARD FOR A BREAKOUT !

FX:AUDUSD   Australian Dollar/U.S. Dollar
30 0 5
We have seen Aussie Dollar attempting to breakout of the Resistance from 2013 several time in the past few months , in August it made 4 attempts and failed , in September it made 2 more attempts out of which it managed to close higher one time but broke back inside the very next day.Last week the pair bounced off the the 20 SMA and ended up posting a pin bar on Friday and concluded the month.We could see additional gains for the Aussie if the breakout happens again and the pair manages to hold above the resistance.That would open the doors for a possible retest of highs from April this year around 0.7832 area


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