December 30, 2020 at 03:17PM

• AUDUSD broke key resistance level 0.7640

• Likely to rise to 0,7800

AUDUSD recently broke above the key resistance level 0.7640 (top of the previous minor impulse wave (i) from the middle of December).

The breakout of the resistance level 0.7640 accelerated the active impulse waves (iii) and 3 – which belong to the sharp impulse wave (3) from the start of November.

AUDUSD is expected to rise further to the next resistance level 0,7800 (target price for the completion of the active impulse wave 3, intersecting with the upper channel line of the daily up channel from October).

Continue Reading…

From: The FxPro Tech Analysis Team
Selected by

Search Web: AUDUSD Wave Analysis 30 December, 2020

Recent Posts


Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

Leave a Reply

Your email address will not be published. Required fields are marked *

Chinese (Simplified) ZH-CN English EN French FR German DE Spanish ES