Greetings.
Let’s pull up the AUD/USD hourly chart. We’ve seen a big move up and it looks like we may potentially see another push up to complete the upward movement.
Look for the pair to hit resistance around the .9800 level. At that point, reanalyze the market and look for a possible reversal point.
The daily charts point to a potential Ending Diagonal formation – which means once the currency completes its upward movement, look for a strong movement down.
Good luck, apply your money management and happy trading.
