AUD/USD downtrend continuation
Updated
Bearish pennant formed indicating a continuation of the downtrend. This market is coming up to an area of resistance which should trigger some movement to the downside and make a new low. NFP later this week so hopefully out before that.
Note
Retraced back to the 0.61 fib level and bounced bounced back down. RBA caused some volatility but rates remained unchangedTrade closed: target reached
SOFRONOFX
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