AUD/USD is building a bullish case towards prior structure. There is still some support that may leave bulls with a more expensive ride. AUD/USD is on the verge of a breakput to the upside for which bulls will be looking for an opportunity to get on board with. The weekly chart offers a compelling resistance stricture, or prior support, for which the bulls can target. The following offers a top down analysis to illustrate where an opportunity could arise. Weekly chart The weekly chart offers a resistance target where the prior lows were made before the latest bearish trend. 4-hour setup The 4-hour chart displays some meanwhile support, but on a break there, the bulls can get set for a run towards the upside resistance. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Election Debate: Trump says good forest management needed on science of climate change FX Street 2 years AUD/USD is building a bullish case towards prior structure. There is still some support that may leave bulls with a more expensive ride. AUD/USD is on the verge of a breakput to the upside for which bulls will be looking for an opportunity to get on board with. The weekly chart offers a compelling resistance stricture, or prior support, for which the bulls can target. The following offers a top down analysis to illustrate where an opportunity could arise. Weekly chart The weekly chart offers a resistance target where the prior lows were made before the latest bearish trend. 4-hour setup… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
