JMM-11

AUD/USD Potential Next Move

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hello traders, looking at the chart, it is clear that the market is in a strong uptrend. We can see also how the trend line is greatly respected each time price touched the line. The resistance level at 0.66750 is showing some rejections. If the market pushes down, we can look for sells to the next level of 0.66500. Seeing that there is a gap in the market, I am expecting the market to retest the level 0.66250.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.