AUDUSD: ⬆️ Buy
– AUDUSD reversed from support area
– Likely to rise to resistance level 0.6500
AUDUSD currency pair recently reversed from support area between the key support level 0.6420 (which has been reversing the price from May) and the lower daily Bollinger Band.
This support area was further strengthened by the 38.2% Fibonacci correction of the previous sharp upward ABC correction B from April.
Given the clear daily uptrend, AUDUSD currency pair can be expected to rise to the next resistance level 0.6500.
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