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AUDUSD, H4 | Potential to swing high
Type
Bullish Reversal
Preference:
We're seeing price test a key overlap support at 0.70624. There's a chance price might reverse from here to push prices all the way down to 1st resistance at 0.71322. The 1st support at 0.68722.
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Desmond Leong runs an award-winning research firm (The Technical Analyst finalists 2018/19/20 for Best FX and Equity Research) advising banks, brokers and hedge funds. Backed by a team of CFA, CMT, CFTe accredited traders, he takes on the market daily using a combination of technical and fundamental analysis.