Aussie looking positive to retest the resistance?
If we see AUD breaking and closing above downtrend resistance on Daily, we should have a nice LONG Setup to 1.11 resistance zone.
In this zone we could be seeking either another bullish opportunities to retest 1.25 highs or trend change and drop to 1.1 area again or potentially lower.
In this zone we could be seeking either another bullish opportunities to retest 1.25 highs or trend change and drop to 1.1 area again or potentially lower.
Note
Looking good so far.
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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.