Australian Dollar may fall after the resistance line retest

Hello my friends, today I want to talk to you about AUD/USD.

The Australian Dollar has formed an ascending channel and is trading inside.

The price is now trading under the resistance line.

The price can make a test of the resistance line, after which it will depart then it can decrease.

I expect the price can bounce off the resistance line and start dropping, after which it can reach the support line.

I set 2 targets.

The first target at the level 0.6650, two target at the level 0.6480.

I expect such a scenario.

This is an article, not financial advice, always do your own research.

If you still have questions, you can write it in the comments below and I will answer them.

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