AUD/USD Weekly Analysis
The AUD/USD chart is inside a bearish channel with the current price at the top of this channel. In my opinion, the short-term uptrend will continue on Monday. This uptrend stops in the range of 0.73 and a downtrend is created.
In my opinion, the 0.706 price floor should be touched and then an uptrend should be formed.
However, if the price can go above the 0.732 range, this analysis is wrong and the chart trend will go up.
In my opinion, the 0.706 price floor should be touched and then an uptrend should be formed.
However, if the price can go above the 0.732 range, this analysis is wrong and the chart trend will go up.
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