AUD/USD Breaks Through Resistance: Bullish Signal or Market Remains Cautious? (XTB’s Market Analysis Insights)
AUD/USD has reached a crucial technical juncture after a strong rally driven by improved risk sentiment and positive China news. Watch key resistance at 0.6550 and 0.6620–0.6640, with support near 0.6500 and 0.6460–0.6480. Bullish momentum and an inverted head-and-shoulders pattern hint at further gains. Insights from XTB’s Market Analysis Desk offer valuable guidance for traders navigating these levels.
