AUDUSD, “Australian Dollar vs US Dollar”
AUDUSD has formed a Hammer reversal pattern on H4. Currently, the instrument is going by the reversal signal in an ascending wave. The growth target might be 0.6565. After testing the resistance level, the quotes could break above it and maintain their upward trajectory. However, the price might correct to 0.6490 before a further rise.
Origin: RoboForex
