Australian Dollar/US Dollar tests 0.786 resistance Arc – Awaiting directional confirmation

Mohamad Gharib Independent Analyst

Australian Dollar / US Dollar (AUD/USD): Arc cycle analysis

Overview: Based on Arc Cycle Analysis applied to the 1h chart, AUD/USD is interacting with the 0.786 Resistance Arc within the current Arc Cycle. Price remains centered around this Arc, indicating that directional confirmation has not yet been established.

Market outlook

Price remains centered around the 0.786 Resistance Arc, indicating that the market has not yet established a directional bias within the current Arc Cycle. The preferred approach is to await confirmation before anticipating the next significant move.

A sustained 1h close above this Resistance Arc would favor continued movement toward the 1 (100%) Arc, while a sustained close below the Arc would shift the outlook toward the 0.618 Support Arc.

Author

Mohamad Gharib

Independent Analyst

Mohamad Gharib is a Financial Markets Analyst and Quantitative Researcher with more than 18 years of experience in financial markets, including 15 years as an FX Quant Trader.

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