AUDUSD Wave Analysis – 23 January 2026

AUDUSD: ⬆️ Buy

– AUDUSD broke the strong resistance level 0.6770

– Likely to rise to resistance level 0.6900

AUDUSD currency pair recently broke the strong resistance level 0.6770 (which stopped earlier impulse wave i) interacting with the resistance trendline of the daily up channel from June.

The breakout of the resistance level 0.6770 accelerated the impulse wave 3, which belongs to the sharp intermediate impulse wave (C) from November.

Given strongly bullish Australian dollar sentiment see across the FX markets today, AUDUSD currency pair can be expected to rise to the next resistance level 0.6900, intersecting with the daily up channel from November.

Source: https://fxpro.news