The Australian Dollar is near the Resistance Line, and I expect to see the Bullish Marubozo candle that breaks the resistance line. And then the Australian Dollar goes up to Resistance Zones.
Also. we can see the Regular Divergence (RD+) between Price and MACD Indicator.
š Australian Dollar/U.S.Dollar Analyze ( AUDUSD ) Daily Timeframeā°
š“Resistance Zoneš“: 0.73$ until 0.725$ (First Target).
š“Resistance Zoneš“: 0.76$ until 0.753$.
š¢Support Zoneš¢:0.671$ until 0.664$.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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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.