📈 AUD/USD – Daily Time Frame Bullish Outlook
We’re currently in a clear impulsive wave structure with Elliott Wave (1)-(5) unfolding within a rising wedge formation — signaling potential strength but also the need for confirmation at key resistance levels.
🔹 Wave Structure:
Price is completing or near completion of Wave (5), indicating bullish continuation unless structure breaks.
Volume is increasing at the lows, suggesting strong accumulation followed by impulsive pushes upward.
🔹 Fibonacci & Support Zone:
The recent bounce originated from a long-term demand zone aligned with the 71% Fibonacci retracement, confirming strong buyer interest at discounted levels.
🔹 Volume Insight:
Sharp spike in volume during the initial reversal suggests smart money stepping in.
"Increase of selling pressure" was observed in the highlighted zone, but price held firm, hinting at absorption.
🔹 EMA Resistance:
Price is approaching dynamic resistance around the 200 EMA — a key level to watch for short-term pullbacks or breakouts.
🔹 Target Levels:
Target 1: 0.65984
Target 2: 0.66952
Target 3: 0.67200
These levels align with historical price imbalances and potential liquidity zones — offering attractive bullish targets if momentum continues.
We’re currently in a clear impulsive wave structure with Elliott Wave (1)-(5) unfolding within a rising wedge formation — signaling potential strength but also the need for confirmation at key resistance levels.
🔹 Wave Structure:
Price is completing or near completion of Wave (5), indicating bullish continuation unless structure breaks.
Volume is increasing at the lows, suggesting strong accumulation followed by impulsive pushes upward.
🔹 Fibonacci & Support Zone:
The recent bounce originated from a long-term demand zone aligned with the 71% Fibonacci retracement, confirming strong buyer interest at discounted levels.
🔹 Volume Insight:
Sharp spike in volume during the initial reversal suggests smart money stepping in.
"Increase of selling pressure" was observed in the highlighted zone, but price held firm, hinting at absorption.
🔹 EMA Resistance:
Price is approaching dynamic resistance around the 200 EMA — a key level to watch for short-term pullbacks or breakouts.
🔹 Target Levels:
Target 1: 0.65984
Target 2: 0.66952
Target 3: 0.67200
These levels align with historical price imbalances and potential liquidity zones — offering attractive bullish targets if momentum continues.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。