AUDUSD facing bullish pressure| 29 Apr 2021

AUDUSD facing bullish pressure| 29 Apr 2021 for FX:AUDUSD by FXCM

AUDUSD facing bullish pressure| 29 Apr 2021



Prices are facing bullish pressure from horizontal swing low support in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Prices might push up towards horizontal swing high resistance in line with 78.6% Fibonacci extension . If prices push down further, prices might take support on horizontal swing low support in line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension . Ichimoku cloud is also below prices, showing a bullish pressure for prices.

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