AUDUSD is testing a key support zone, with a significant liquidity pool positioned just below it. The broader daily trend remains bullish, giving buyers an opportunity to regain controlAt the same time, the U.S. Dollar Index is testing resistance. Profit-taking near the 101.5 area could trigger a pullback in the dollar, providing additional support for the Australian dollar.
From a technical perspective, a substantial liquidity pool has formed below 0.69615. A long squeeze in this area could trigger a rebound and support a continuation of the prevailing uptrend toward the next target zone
Resistance levels: 0.6994, 0.7010, 0.7021
Support level: 0.6960
A false breakout below 0.69615, followed by a recovery and sustained consolidation above this level, could become the technical catalyst for a rally toward 0.6994–0.7020
Best regards,
R. Linda
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.