Hello Traders,
We hade a continuous uptrend on the AUDUSD with one major spike during FOMC.
We are now testing a support at 1.71800. A good target is the recent high at 1.72000 where we could expect more selling pressure.
Overall, our sentiment is to go long as we see price trending up above our MA.
We hade a continuous uptrend on the AUDUSD with one major spike during FOMC.
We are now testing a support at 1.71800. A good target is the recent high at 1.72000 where we could expect more selling pressure.
Overall, our sentiment is to go long as we see price trending up above our MA.