AUDUSD - NEXT WEEK
A lot going on here with the Aussie dying this week.
We have a trend line, dating back to the March crash.
Then we have a zone of consolidation between the daily support and resistance.
All depends what holds, the short term 61.8% or whether we go to revisit the long term swing 61.8%.
Given how extended the markets are, I'd fancy shorts all day here!
We have a trend line, dating back to the March crash.
Then we have a zone of consolidation between the daily support and resistance.
All depends what holds, the short term 61.8% or whether we go to revisit the long term swing 61.8%.
Given how extended the markets are, I'd fancy shorts all day here!
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