AUD/USD – Week 14 – Heading towards the trendline.
Last week, we expected the Australian Dollar to start a deeper pullback, but nothing notably happened, as the pair ended the week almost where it started it.
In the coming days, we expect the pair to start a bullish corrective move and head towards the orange trendline. If we get a breakout, then the resistance level will likely be targeted.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In the coming days, we expect the pair to start a bullish corrective move and head towards the orange trendline. If we get a breakout, then the resistance level will likely be targeted.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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