AUD/USD: ⬆️ Buy
The Australian dollar against the dollar broke the resistance level of 0.6960
– It is likely to rise to the resistance level of 0.7050
The AUDUSD pair recently broke through the 0.6960 resistance level (which stopped the previous minor impulse wave i) which is interesting with the 50% Fibonacci retracement of the downward wave from June.
A breakout of the 0.6960 resistance level leads to the continuation of the active short-term impulsive wave 1 of the impulsive sequence (1) from June.
The AUDUSD cryptocurrency is expected to rise to the next resistance level of 0.7050, which is the expected price for the completion of the active impulse wave 3.
