Daily Analysis Summary - AUDUSD
Price is testing a previously broken support level, now acting as resistance.
Potential Outcomes:
Bullish Scenario:
A successful break above resistance may indicate a trend shift to bullish.
Bearish Scenario:
Failure to break resistance could lead to lower highs and lower lows, continuing the bearish trend.
Resistance: 0.6755, 0.6785
Support: 0.6665, 0.6625