AUD/USD cup&handle setup
Pair found bottom after downtrend and sentiment changed to the upside. Now it is flagging/consolidating. Need some catalyst to attract more active buyers and investors. Interest rate decision tomorrow could be one of them.
I will put feeler here with STOP below support zone at $0.92500 and will ADD more through $0.93000 on break up of
"handle". Potential TARGET could be $0.94500. Will measure price action with updates.
I will put feeler here with STOP below support zone at $0.92500 and will ADD more through $0.93000 on break up of
"handle". Potential TARGET could be $0.94500. Will measure price action with updates.
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