Hello friends, AUDUSD has been rallying strongly after taking a nosedive in March. However, this relief rally could be coming to an end very soon.
AUDUSD faces strong resistance at the 100D EMA and also the previous high around 0.6450.
In my opinion, the area between 0.64 to 0.6520 could be the Potential Reversal Zone(PRZ) for AUDUSD.
AUDUSD faces strong resistance at the 100D EMA and also the previous high around 0.6450.
In my opinion, the area between 0.64 to 0.6520 could be the Potential Reversal Zone(PRZ) for AUDUSD.