FX.co ★ torp.paris | AUD/USD

AUD/USD - Australian Dollar US Dollar Hello colleagues. On Friday, there were purchases in this pair. Looking at the daily chart of the pair, I see a recent uptrend. I wonder if the upward movement will continue or if we should expect other scenarios. I will try to figure this out. Let's look at the technical analysis of the pair for Monday to see what recommendations it gives. Moving averages - buy, technical indicators - actively buy, conclusion - actively buy. So, the technical analysis recommends buying on Monday. Let's also check the release of important news for the pair on Monday. No significant news is expected from the US and Australia. I assume we should expect purchases in this pair. Buying opportunities are possible up to the resistance level of 0.6555. Selling opportunities are possible down to the support level of 0.6525. Therefore, I expect the pair to continue moving north. This is my trading plan for Monday. Good luck to everyone.