👋Hello everyone, let’s take a look at 
AUDUSD !
Recently, the pair has shown strong bullish momentum, reaching a new high at 0.6685, and is now in a retracement phase as the price moves closer to the support zone at 0.656.
The Australian Dollar is supported by a relatively stable commodity market and positive risk sentiment, while the US Dollar remains under pressure due to continuous rate cuts by the Federal Reserve. This combination allows AUD/USD to maintain its bullish position.
Considering the current market developments and technical factors, I expect a slight correction before the trend continues upwards. Keep a close eye on the 0.656 support zone to make informed trading decisions.
What’s your view on the AUD/USD pair? Let’s discuss in the comments below!
Good luck with your trading!
AUDUSD !Recently, the pair has shown strong bullish momentum, reaching a new high at 0.6685, and is now in a retracement phase as the price moves closer to the support zone at 0.656.
The Australian Dollar is supported by a relatively stable commodity market and positive risk sentiment, while the US Dollar remains under pressure due to continuous rate cuts by the Federal Reserve. This combination allows AUD/USD to maintain its bullish position.
Considering the current market developments and technical factors, I expect a slight correction before the trend continues upwards. Keep a close eye on the 0.656 support zone to make informed trading decisions.
What’s your view on the AUD/USD pair? Let’s discuss in the comments below!
Good luck with your trading!
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
âś… Fast updates, accurate alerts
âś… Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
âś… Fast updates, accurate alerts
âś… Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
Related publications
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.