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FX.co ★ AUDUSD above major support, remain bullish

AUDUSD above major support, remain bullish

The price is testing the major support at 0.7659 (Fibonacci retracement, horizontal overlap support, pullback support, ascending support) where we expect a further push up to the 0.7780 resistance (swing high resistance, Fibonacci projection).

The RSI (34) is seeing ascending support that is holding the price up really nicely.

AUDUSD above major support, remain bullish

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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