AUD/USD is currently forming a strong bullish trend. The pair has recently made a breakout followed by a retest, establishing a new support level that signals potential for continued upside movement.
With these technical confirmations, AUD/USD is expected to extend its bullish momentum toward the Fibonacci 161.8 target level.
Recommendation:
- Buy AUD/USD
- Entry: 0.65750
- Take Profit: 0.66179
- Stop Loss: 0.65445
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
The best investment is an investment in knowledge. Start your journey to trading success with a Masterclass Trading Webinar every Friday. Join now!