AUDUSD: Upward Support And Resistance
Hi everyone,
AUDUSD is in uptrend momentum move of support and resistance, the pair have been scaling on bullish rise, for a long time now, with the formation of higher highs, higher lows and support and resistance. price is presently at the resistance zone, in respect of the structure. we anticipate a short below this resistance.
Possible scenario:
More retracement confirmation, would trigger a sell position down to 0.6879 as potential support and target.
Thanks for reading.