AUD/USD Potential Upward Movement

AUD/USD Long-Term Trend: Bullish

Key Resistance Levels: 0.67702, 0.67985, 0.68321

Key Support Levels: 0.67292, 0.67013, 0.66781

Daily Chart:

The price on the higher time frame has been in an uptrend recently after it tested a support level of 0.64847 and bounced back. The pair has continued to break a few resistance levels which suggests further trend continuation.

AUD/USD Medium-Term Trend: Bullish

1-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a key level of 0.66781 and has sustained above that. As of now the pair has broken a minor level of 0.67292 before continuing the momentum.

Signal Idea:

Buy Limit Order @ 0.67482

TP @ 0.67693

Stop Loss @ 0.67263

Trade Safely 🙂