AUD/USD has broken a key resistance level on the 4-hour timeframe, signaling a strong bullish move ahead. With price trading above the EMA 200, momentum is building for further upside! ๐ฐ
๐ Technical Analysis:
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๐ Resistance Breakout โ A strong push above key levels
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๐ EMA 200 Support โ Price trading above, confirming bullish trend
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๐ Momentum Building โ Expecting continuation toward higher targets
๐ฏ Target Levels:
๐ 0.6450 โ First short-term target
๐ 0.6640 โ Extended bullish move
๐ข Trading Strategy:
๐น Enter after breakout confirmation with strong bullish candle
๐น Ensure volume & momentum support the move
๐น Set stop-loss below the breakout zone for risk management
๐ The market is setting up for a strong bullish runโstay patient & ride the trend! ๐๐ฐ
๐ Like, comment & follow for more updates! ๐๐ฅ