Two Key Reasons Why AUDUSD is Warming Up for a Buy [Video]
![Two Key Reasons Why AUDUSD is Warming Up for a Buy [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/AUDUSD/stack-of-australian-dollar-29363314_XtraLarge.jpg)
In this video, we discuss our long-term technical argument for a long-term buy for AUDUSD on the weekly timeframe and why it is prime for our watchlist. We have projected that we could potentially see buying pressure 0.7154, which is a "hard" level of support. This correlates with a 1.618 Fibonacci extension.
Author

Rob Colville
The Lazy Trader
The self-styled “Lazy Trader” has trained thousands of private investors around the globe and has created a globally renowned currency training brand, The Lazy Trader.
















