AUD/USD Price Analysis: Bulls eye 0.6820 while riding dynamic support

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AUD/USD Price Analysis: Bulls eye 0.6820 while riding dynamic support
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AUD/USD Price Analysis: Bulls eye 0.6820 while riding dynamic support – by fx_ross AUDUSD Technical Analysis

A break of 0.6750, however, will open the risk of a deeper move to test bullish commitments at 0.6700.

was elevated on Friday which could feed through for the open, tilting the bias to the upside as per the following analysis: The price has carved out a bullish scenario and a break of 0.6800 could be on the cards for the opening sessions. sees the bulls on the front side of the bullish dynamic support. Eyes are on a price imbalance in the 0.6820s for the open. A break of 0.6750, however, will open the risk of a deeper move to test bullish commitments at 0.6700.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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