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
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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