Price Action Forex

Hello Price Action Traders.

Aud/Usd

The Aud/Usd forex pair seems to have ended the pullback phase and is still in a good upward leg with Higher Highs and Higher Lows rising prominently if you check out a daily candlestick chart. The price went to retest the supportive area to 0.9450 and then push upwards and today close at 0.9530. It could be interesting follow the bullish breakout of today’s high to create the right bias for this market to go straight toward the resistance zone at 0.9750.

 

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