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We expect the ceiling of 0.6600 to break upwards.

Largo
CME_DL:6A1!   Australian Dollar Futures
A support zone has formed between 0.6515 and 0.6550. There is a lot of potential demand in this area that could push the price higher.
According to the conditions of the chart, it is very difficult to reduce the price below the range of 0.6500, but if this happens, without a doubt, the price target of 0.6450 will be considered by the sellers, but when the price reaches this level, we will face many demands.
Therefore, with the conditions in the chart, only buying is suggested. We expect the ceiling of 0.6600 to break upwards.

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