Contributors Technical Analysis AUD/USD Bullish Continuation After A Pullback

AUD/USD Bullish Continuation After A Pullback

The AUD/USD should make a bullish continuation move after a pullback. The POC zone stands in-between 0.7200-30 and traders should watch for potential bounce.

If the price retraces to 0.7230-00 zone we should watch for a potential reversal signals that would spark a new rally. If that happens targets are 0.7290 and 0.7335. However a loss of 0.7170, might instill a bearish move towards 0.7140 another confluence zone. However based on the latest bullish zigzag rejections from the POC zone look more likely.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version