AUDUSD (Y20.P4.E2).Short term TA.

Hi All,

Short term for the Australia dollar looks bullish as it break above a key level after it completes a moderate ABC correction.
The fib. levels are being respected at this micro level along with confluence above the 10/21 daily ema and on the weekly, we see the 21 ema as a strong initial support
Hence there is more upward pressure to come and with the DXY chart, more downward pressure.


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Cheers,
S.SAri.

WEEKLY Chart