AUDUSD Wave Analysis – 17 March 2025

AUDUSD: ⬆️ Buy

– AUDUSD broke resistance level 0.6350

– Likely to rise to resistance level 0.6400

AUDUSD currency pair today broke the resistance level 0.6350, which is the top of the previous upward correction from the start of this month.

The breakout of the resistance level 0.6350 was preceded by the breakout of the resistance trendline from September – which accelerated the active impulse wave c.

Given the strongly bearish US dollar sentiment seen today, AUDUSD currency pair can be expected to rise to the next resistance level 0.6400.