AUD/USD Price Analysis: Bulls stay the course, eyes on 0.6800 – by fx_ross AUDUSD Technical Analysis
Focus is on a move into the 0.68s for the days ahead. , while the overall thesis is for a move to 0.6500, there has been a meanwhile prospect for 0.6800.
On the lower time frames, it was stated that the bulls will want to see a break of the trendline and prior lower high to confirm a bullish bias:but the market was coiling sideways. It was stated that a ''sweep' of the liquidity could result in a surge of demand from the bulls and ultimately provide enough fuel to take out the 0.6720 and then the 0.6736 resistance and create a change of character in the structure to bullish. Information on these pages contains forward-looking statements that involve risks and uncertainties.
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