AUDUSD 21 and 55 EMA’s remain bullish, Price on the daily chart is also still bullish.
we have been ranging for the last 20 days, and i would hope to see a break out at the top of the range. the daily stochastic is currently moving out of oversol, which could hopefully push us out of the range.
Price has found resistance at WM3, which could see a possible retracement back to the weekly Pivot point.

If price respects the WPP at 0.79000, and breaking through WM3, where i would be looking for the next higher low for an entry at the WM3 level as support.

For Profit target i would look for price coming off MPP, with conservative profit target between MM4 and MR2.

AUDUSD

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