TipTVFinance

AUD/USD – Stuck at triangle resistance

OANDA:AUDUSD   Australian Dollar/U.S. Dollar
Aussie is having a tough time chewing through the triangle resistance.

Despite the sharp rise today, bulls need to observe caution as we had a fake bullish triangle breakout in October. Furthermore, immediate resistance is lined up at 0.7740-0.7760 levels. Hence, only a daily close above 0.7760 would signal continuation the larger uptrend from January lows.

However, Aussie bulls could take heart from the fact that the 100-DMA is sloping upwards once again and more importantly.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out