AUD/USD:BUY From Support Area For a LONG Setup

Long

Australian Dollar / U.S. Dollar (FX:AUDUSD)

Updated

FX:AUDUSD Australian Dollar / U.S. Dollar

trendanalysis indicator chartpattern audusd aud usd audusdlong technicalanalysis signals forex forexsignals containsimage

The AUD/USD appears to be within a bullish bias, as described yesterday after the price rebounded on the support level in confluence with the dynamic trendline. After yesterday's strong bullish impulse, the price appears to be regaining strength today. The stochastic is still in an oversold area with the current divergence. Last but not least, the price appears to have reversed into a Head and Shoulders pattern, and our forecast remains bullish.

Comment:

✅ YESTERDAY

Comment:

✅ TODAY

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