AUDUSD is keeping its momentum

25. Nov. 2020

AUDUSD
In weekly timeframe, Aussie has been standing strongly above the 250MA for the 2nd week.
in daily time frame, after few days of consolidation, it starts to challenge and going to test the previous high done at 20th sep, 0.7414. If it can successfully breakout this key level, it will continue the bullish movement towards to the next key level at 0.77. If it fail to breakout this week or next week, it will most probably continue its consolidation sideway, or even re-test the key support level 0.729.