GrowInvest

AUD/USD weekly view

GrowInvest Updated   
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
Weekly chart analysis for AUD/USD. After long-term downtrend price shifted to trade in the triangle. Price action around 0.7300 could be critical for further movement. If price will break that level, we can expect a further sell activity (which will be continuation of the previous long-term dowtntrend). If price bounce off from 0.7300 level (yearly pivot point and support trend line) price will go up.

Let´s see.
Comment:
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.