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Analysis up on #AUDUSD
Hello friends.
the dollar should be able to start a bullish movement again soon as all the news coming in its favor also all the earning news shows the resilience and fast recovery of the US economy.
Here we have the market closed above 0.7700 again showing some strength as the risk-on environment kicks in, but the climbing up continues the market will soon reach a very important resistance level.
If the market reaches my resistance level, also a FIB 61 retracement I will look to sell this market if a gives a valid setup with a good probability and favorable risk to reward
Safe trading everyone Check today analysis below⠀
>> One trade must not make you, one trade must not break you _____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
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