AUD/USD Eyes September Highs After Bullish Breakout:
AUD/USD has broken out of a months-long falling wedge, fueled by rising optimism around Australia’s rates and stronger risk appetite. Tuesday’s bullish candle signals a possible move back toward the highs seen earlier this year.
Momentum is turning bullish, with RSI above 50 and MACD now positive both favoring long positions.
Traders can consider buying above the old wedge resistance, with a stop below 0.6540. Key resistance levels are at 0.6580, then 0.6625, and finally 0.6660 before a potential return to September’s highs above 0.6700.
If the breakout fails, watch support at the old wedge, the 50-day moving average, and 0.6520.
Shanu
暂无评论，立马抢沙发