AUD/USD – technical buy signal generated

Angela Mangan

QMG Pty Ltd

The AUD/USD has completed an upward reversal / closed above key resistance which has generated a technical buy signal. A trend change has occurred in the AUD/USD. The technical outlook has turned positive. The expectation is for a further rally to occur from current levels. The minimum upside target / major subsequent resistance is located at 0.8200.


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Angela Mangan
Angela Mangan
Technical Analyst
QMG Pty Ltd

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.

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