AUD/USD Bullish Continuation Towards W H4 and Beyond

2 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear Traders,

The AUD/USD is getting stronger and stronger. At this point we can see that the market failed to close below W L3.

Unable to close the price below W L3, bears are getting weaker. Bulls are getting back control, and the price is moving up. If we see the market within the 0.6795-0.6850 zone, a new wave of buyers should appear. Targets will be 0.7012 and 0.7134 if we see bullish continuation.  Only below 0.6770 bears will regain back control.

The analysis has been done with the CAMMACD system.
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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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