AUDUSD:Friday saw the rejection of 100% fibonacci level. I think the pair is highly take a retracement back to the 0% fib level . Where a rejection will occur causing us to have a double top from which point on there will be a move to the upside to around the 61.8% fib level where we will look for a rejection back to the down side .
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.