ap8forexchange

AUDUSD Forex Weekly - 27 - 31 July 2020

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUD/USD fills in the bearish opening gap, extending the bounce back towards 0.7150. The aussie is underpinned by the relentless US dollar sell-off across the board amid a mixed market mood, upbeat Chinese Industrial Profits data and RBA Kent's speech.

Price made reversal around median line and reverse back towards upper line 'hagopian rules' targeting movement is heading key level resistance on upper line

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.