As we move ahead in the next week, AUDUSD is just above a major support turned resistance.
I am expecting AUD to be bullish despite of our bullish bias with the dollar.
We can end up getting a bearish flag with the down continuation.
What I would like to see is, a big movement of AUDUSD to the upside and then a correction till 0.7129 price zone, form where we start looking for bullish opportunities with our target set at 0.7235
If price breaks our first target, our second target will be at 0.7294 price zone.
I am expecting AUD to be bullish despite of our bullish bias with the dollar.
We can end up getting a bearish flag with the down continuation.
What I would like to see is, a big movement of AUDUSD to the upside and then a correction till 0.7129 price zone, form where we start looking for bullish opportunities with our target set at 0.7235
If price breaks our first target, our second target will be at 0.7294 price zone.