Saturday, May 11, 2024

AUD/USD Re-Testing the Resistance Level. Good Opportunity to trade ?
1 mins well spent

AUD/USD Analysis :

AUD/USD reaches the Resistance Level once again for Re-Testing.

After the Federal Reserve increases the interest rate from 0.75% to 1.00%, the US market just went into an Opposite direction of the result. Click here to read the reason of opposite movement.

If the market Breakout the Top zone, it will be a Good Buying Opportunity on AUD/USD.

But, if market fails to breakout on this attempt, then we can expect some Up and Down mov

ements on the Resistance zone.

Wait for the Confirmation of Breakout (or) Reversal to make good profits on AUD/USD.

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