AUDUSD: Breakout & Bullish Forecast
The AUDUSD pair reached a new peak and closed higher on a 4-hour chart, breaking through a strong horizontal resistance level.
The shattered resistance level and a trend line now form a narrowing area of buying interest. I anticipate a rise in price from this point, with a target of 0.6650.
The shattered resistance level and a trend line now form a narrowing area of buying interest. I anticipate a rise in price from this point, with a target of 0.6650.
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