the general trending for $AUD/USD is bearish , the price have been printing lows since 7th June to this day , but with the price currently trading at 0.6762 a strong demand zone and failing to break under it , the price formed a double bottom showing a technical potential weakness from the sellers as well we are seeing an intraday bullish market structure being formed at the 1h frame .
so if we get the price to break above 0.6825 and a candle close above it , there is a higher chance for it to continue it's bullish run toward 0.6874 ( a potential move of 50 pips ) this is where the safest buys at .
I hope the indications and analysis are clear .
$AUD/USD
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so if we get the price to break above 0.6825 and a candle close above it , there is a higher chance for it to continue it's bullish run toward 0.6874 ( a potential move of 50 pips ) this is where the safest buys at .
I hope the indications and analysis are clear .
$AUD/USD
if you find the analysis of use and value please support this profile by pressing the follow button as well by liking and commenting bellow I'd appreciate it and it would give me the mental boost to stay more invest in here with many more analysis and trading setups and well educational posts , so stay tune guys !