AudUsd towards 0.7?

2019-11-04 11:16:59

Last week AudUsd broke 0.6880 resistance and is trading well above it. Also, this resistance coincides with the neckline of a double bottom formed in 0.67 area. We believe that the pair will maintain its uptrend towards at least 0.7. The measured target for the double bottom formation is around 0.71