AUDUSD → Test resistance for an upward breakout

업데이트됨
AUDUSD forms a retest of the descending channel resistance, but there is no fall. Against the background of the dollar correction, the currency pair may move into the realization phase after the channel breakout.

스냅샷

Moving averages, trend resistance and pre-breakout consolidation, with strong support zones, to which a large buyer does not let the price go. An interesting setup in the current conditions may form an attempt to change the trend. The key area is 0.6585. Consolidation of the price above this boundary may allow to overcome the obstacle and finally let the price strengthen to 0.66676, or to 0.67287.

Resistance levels: 0.6585, 0.6620
Support levels: 0.6551, 0.6504


Technically, there is a strong accumulation and prerequisites for a breakout. The resistance breakout will confirm the activation of the realization phase, which will give us a good bullish momentum.

Regards R. Linda!
노트
Break of resistance, momentum starts to form
액티브 트레이드
스냅샷
Pre-breakdown consolidation. Against the backdrop of the dollar correction, the Aussie rises and breaks the structure, changing the potential to bullish.

waiting for continuation of growth
액티브 트레이드
The near-term target of 0.6620 may be reached soon
노트
An excellent accumulation is forming on H1 with the goal of continuing growth
거래청산: 타겟 닿음
Interim target achieved :)
AUDUSDChart PatternsconsolidationDescending ChannelDXYFalling WedgeFibonacci RetracementSupport and ResistanceSymmetrical TriangleTrend AnalysisTrend Line Break

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