AUD/USD – Week 28 – Heading towards the resistance.
Last week, we expected the Australian Dollar to reach the orange trendline. Instead, it made a new lower low and it is now looking like it will make a short-term reversal
In the coming week, we anticipate that the price will make a small consolidation and make an attempt and reach the resistance area.
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 week, we anticipate that the price will make a small consolidation and make an attempt and reach the resistance area.
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.
