AUD/USD outlook slightly tilted to the downside
AUD/USD has recovered significantly well from the 0.7570 levels. However, the bulls
are not out of the woods yet.
Price is currently approaching a resistance level where it may face rejection.
If bearish price action happens in the resistance level, then we may think about selling
AUD/USD in the resistance zone i.e. between 0.7750-0.7840 with 0.76 as TP.
are not out of the woods yet.
Price is currently approaching a resistance level where it may face rejection.
If bearish price action happens in the resistance level, then we may think about selling
AUD/USD in the resistance zone i.e. between 0.7750-0.7840 with 0.76 as TP.
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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.
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.