AUD/USD reached buy target 0.7600
- AUD/USD reached buy target 0.7600
- Next buy target – 0.7800
AUD/USD has been rising in the last few trading sessions – in line with our earlier forecast for this currency pair. The price today broke above the resistance level 0.7600, which was set as the buy target in our previous forecast for AUD/USD. The breakout of the resistance level 0.7600 is likely to further accelerate the active minor impulse wave 3, which belongs to the sharp intermediate (C)-wave from May.
AUD/USD is expected to rise further to the next buy target at the pivotal resistance level 0.7800 (which reversed the earlier wave (A) and which is the forecast price for the completion of the active impulse 3).