AUD/USD: 4 Hour chart
It looks that the pair is getting resistance everytime from a falling trendline. But it is getting good support at 0.8050-60 level. Now it seems that the pair will move upward and will break the trendline as stoch is also oversold zone will help to breakout. . if we see breakout then it will see resistance near 0.8700 level.
It looks that the pair is getting resistance everytime from a falling trendline. But it is getting good support at 0.8050-60 level. Now it seems that the pair will move upward and will break the trendline as stoch is also oversold zone will help to breakout. . if we see breakout then it will see resistance near 0.8700 level.
