{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audusd-price-is-in-a-strong-resistance-zone\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audusd-price-is-in-a-strong-resistance-zone\/","headline":"AUDUSD Price Is In A Strong Resistance Zone","name":"AUDUSD Price Is In A Strong Resistance Zone","description":"AUDUSD looks tasty for the bulls at $0.77 resistance levelThe price is in a bullish trendAUD\/USD Weekly Price Analysis – April 19Should bulls increase their momentum, the price might further rise to $0.78 and $0.80 respectively in the upper resistance area.AUDUSD MarketKey Levels:Resistance levels: $0.78, $0.80, $0.82Support levels: $0.75, $0.74, $0.72AUDUSD Long-term trend: BullishAUDUSD moves […]","datePublished":"2021-04-20","dateModified":"2021-04-20","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/04\/AUDUSD-LONG-T-1.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/04\/AUDUSD-LONG-T-1.png","height":494,"width":1032},"url":"https:\/\/forexschoolonline.com\/audusd-price-is-in-a-strong-resistance-zone\/","about":["charts","Trade Idea","Trade Setups"],"wordCount":275,"keywords":["AUDUSD","Australian Dollar","Technical Analysis"],"articleBody":"AUDUSD looks tasty for the bulls at $0.77 resistance levelThe price is in a bullish trendAUD\/USD Weekly Price Analysis – April 19Should bulls increase their momentum, the price might further rise to $0.78 and $0.80 respectively in the upper resistance area.AUDUSD MarketKey Levels:Resistance levels: $0.78, $0.80, $0.82Support levels: $0.75, $0.74, $0.72AUDUSD Long-term trend: BullishAUDUSD moves in an upward momentum in the long-term outlook. Bulls\u2019 gradual return changes the trend of AUDUSD to an upside briefly as the session begins today.$0.77 in the resistance area opens today\u2019s daily session as buyers remain dominant as at the present. Price is up initially at $0.77 in the resistance area. However, if the buying pressure increases the price may likely reach $0.80 in the upper resistance area.The price trading above the two EMAs suggests an upward momentum in price of AUDUSD, a confirmation of bullish movement.The stochastic oscillator signal pointing down at 86% is an indication of downward momentum in price, and sellers may likely change the market direction in the future.Hence, buyers\u2019 relief.AUDUSD Medium-term Trend: BullishThe price of AUDUSD is in an ascending channel, with a bullish candle at $0.77 in the resistance area in the 4-hour chart. The price is above the two EMAs and the formation of an inverted pin bar indicates there is likely to be a reversal in the price of AUDUSD.The stochastic oscillator signals downwards at level 62% in the oversold region implying buyers may take over the market in the days ahead in the medium-term.Note: Forexschoolonline.com is not a financial advisor. Do your research beforeinvesting your funds in any financial asset or presented product or event. Weare not responsible for your investing results"}