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AUD/USD at key resistance area
💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
AUD/USD is bullish on daily chart, however price now faces first major resistance of descending trend line and MA 200 on weekly chart. This could trigger down movement for this pair if price is actually rejected from this area.
Let us know what you think about this idea.
Trade safe !
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
AUD/USD is bullish on daily chart, however price now faces first major resistance of descending trend line and MA 200 on weekly chart. This could trigger down movement for this pair if price is actually rejected from this area.
Let us know what you think about this idea.
Trade safe !
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