BULLIISH BIAS
The ausie dollar has a lot of potential to push further up, on the 9th there was a breakout and this according to my strategy was a clear confirmation of newly born uptrend. Now coming into the week we might experience a retracement and retest of the previously broken resistance now turned support, with that happening i will be looking forward to make buy orders in the zone. we might also want to look at some potential sell opportunities but in this instance i ill rather stick to only buy trades and not sell because a situation might be that the price will break that small zone and race to the upside or the market will consolidate and the pushes further up. so the best thing i can do is to wait for the market to present some bullish patterns and formations before considering any engagements
highest probability trades will be bullish that bearish
highest probability trades will be bullish that bearish
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