AUDUSD - Daily& Weekly Upside
2019-12-31 08:38:49
- The price confirmed a breakout of the trendline resistance two weeks ago.
- Price has broken into higher low and we can anticipate this continuation into the 0.7050 resistance level.
- This will offer short term long opportunities on the lower timeframes. This pair has trended down all year and this could be an early signal for what’s to come in 2020. If the weekly candle closes above this high we could assume a longer term uptrend is about to begin.
Regards, GoldfXcc Team