AUDUSD Poised

 

AUDUSD poised to go up

forextrendtrades.com

 

Looks like it...

 

It seemed that way but the pair fell and it I think it won't stop falling before it reaches the support at 0.7125.

 

Nice visit on the AUDUSD to the 0.7102 level, which is a 76.4% Fibo retracement on the daily chart.

 

It found some resistance at 0.7200, I think it will retrace back to 0.7160.

 

The AUDUSD finds a good resistance at the 0.7240 level, its next resistance could be the 0.7300 level. To the donwside, its next support could be the 0.7200 level.

Reason: