AUDUSD currency pair recently reversed up from the support area lying between the key support level 0.76650 (which has been reversing this currency pair from the start of January), lower daily Bollinger Band, support trendline of the daily up channel from the start of November and the 38.2% Fibonacci correction of the upward impulse 5 from the middle of December. Given the predominant uptrend and the strongly bullish sentiment affecting the Australian dollar today – AUDUSD currency pair is expected to rise further toward the next resistance level 0.78000 (top of the previous waves B and (3))
