🦘 AUD/USD Ready to Break Out Higher 🦘

🦘 AUD/USD Ready to Break Out Higher.

🦘 Nearest strong support zone: around the fibo level 0.618 of the wave from the local peak to the bottom.

🦘 Nearest strong resistance zone: around the fibo level 1.272 of the downward wave from the local peak to the bottom.

🦘 Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Uptrend

🦘 Price action: strong breakout after making a correction to the vicinity of the fibo level 0.236. Probable continuation of the uptrend.

🦘 The scenario I am playing out is the continuation of the uptrend after the execution of the downward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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