TimeWaveTrading

AUDUSD Trend analysis update

FX:AUDUSD   Dollaro australiano / Dollaro
The Australian dollar fell far below expectations. The Australian dollar is currently gaining support at a new weekly support key level. I think a new daily support key level will be created from this location. A daily support key level is created, and if the market does not break this daily support again, it will rise, and if it breaks again, the highs are more and more likely to become a new monthly resistance key level. Personally, I think the Australian dollar will rush towards the highs as the uptrend line has not yet been broken.
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