AUDUSD Might Reverse? 28.03.2023 by BDSwiss_Academy on TradingView.com
Retail Sales m/m for Australia had a positive change today.
That however alone cannot explain the upward and sudden move of AUDUSD .
The price also crossed the 30-period MA while moving upward confirming a reversal.
Retracement is probable as per the arrow.
Alterative Scenario:
0.66930 is the resistance level that we thought it will be the end of the move. Breaking that level,
the price might move to the next resistance which is 0.67000
