The AUDUSD was unable to continue with the previous strong surge to the upside as the price remained below 0.6850, consolidating between the price range of 0.68 and 0.6840.
Look for the AUDUSD to break strongly above the 0.6850 price level to signal a continuation of the uptrend, with the next key resistance level at 0.6950.
However, if the price fails to break higher, the AUDUSD could see a significant reversal, down to the 0.6740 round number support level, before trading higher again.
Look for the AUDUSD to break strongly above the 0.6850 price level to signal a continuation of the uptrend, with the next key resistance level at 0.6950.
However, if the price fails to break higher, the AUDUSD could see a significant reversal, down to the 0.6740 round number support level, before trading higher again.
