Richie242

AUDUSD Monthly Analysis

FX:AUDUSD   澳元/美元
AU is currently showing a strong bullish candle based on the monthly timeframe. If this candle continues to push higher, I'll be expecting a pullback to the previous bearish candle (0.78000) and make another push at previous monthly key level (0.80000). From there, I'll wait to see if the market breaks or reject the zone pulling back to the 0.74000 area or 0.70000 area to form a potential head and shoulders pattern.

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