AUD/USD Short Term Outlook
AUD/USD is trading near major resistance 0.88975 (Oct 9th high) and any break above will confirm the bullish trend.
Any indicative break of 0.88975 would extend gain to 0.8930/0.9005.
Minor support is around 0.8860 (resistance turned into support) and any break below will target 0.883/0.880.
Recommendation: Buy AUD/USD around 0.880, SL 0.886, Target 0.8930/0.9005.
Any indicative break of 0.88975 would extend gain to 0.8930/0.9005.
Minor support is around 0.8860 (resistance turned into support) and any break below will target 0.883/0.880.
Recommendation: Buy AUD/USD around 0.880, SL 0.886, Target 0.8930/0.9005.
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