FX.co ★ Daily Video Analysis: AUDUSD facing bullish pressure, potential for further rise!

Today we take a look at AUDUSD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. AUDUSD is facing bullish pressure as it continues to hold above both the Ichimoku cloud and the ascending trendline support. We could possibly see a bounce from our entry level and further rise up to our take profit levels, which are in line with our horizontal swing high resistance levels as well.