AUDUSD: ⬆️ Buy
– AUDUSD reversed from support zone
– Likely to rise to resistance level 0.7000
AUDUSD currency pair recently reversed from the support zone between the support level 0.6865 (which stopped wave 2 in March) and the lower daily Bollinger Band.
This support zone was further strengthened by the support trendline of the daily down channel from May and 50% Fibonacci correction of the upward impulse from November.
Given the strong daily uptrend and strong US dollar sales seen across FX markets today, AUDUSD currency pair can be expected to rise to the next resistance level 0.7000.
 and the lower daily Bollinger Band.){kind=link}