AUDUSD testing a higher resistance area

23 בינו׳ 2023

Australian Dollar AUDUSD

After the failure of the first bearish scenario with a break of 6974 and the recent recovery
We are testing a higher resistance area - from the 0.7 level all the way to the top

The pace of the rise seems relatively slower than the previous decline, which reflects the relative weakness of the bulls, and this supports the bias to the negative side, as it exceeded 6974 down