AUD/USD has formed a bullish daily candle in the demand level
A bullish candlestick has formed in the daily chart at a very important demand level. This could be a very significant development for AUD/USD
traders as price may have started reversing.
Buyers can buy as long as price doesn't break the demand zone that I have highlighted in my chart. If the reversal is confirmed then AUD/USD could reach 0.70 level in the next few weeks. 0.6680-0.6720 remains my favored buy zone.
traders as price may have started reversing.
Buyers can buy as long as price doesn't break the demand zone that I have highlighted in my chart. If the reversal is confirmed then AUD/USD could reach 0.70 level in the next few weeks. 0.6680-0.6720 remains my favored buy zone.