AUDUSD TO BREAK RESISTANCE

13 בדצמ׳ 2017

AUDUSD has reached both of this weeks targets while still holding a fair amount of momentum.Once again we have reached our familiar reversal zone that showed SUPPORT in early November then Resistance in late November and Early December. According to our MACD indicators we can expect a bullish divergence allowing the price to break through our targeted resistance level and rally up towards our new at around 0.76400.