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AUDUSD has been bearish the whole of last week .As the week closed buyers came in possession after the dollar weakened in favour of the Aussie which tends to be bullish till the retest of the broken support which now tends to be our resistance point. once a pullback is seen as illustrated on the chart with arrows we then expect a bearish move.
NB: THE ANALYSIS MAYBE REFLECTED AS GET CLOSE TO NFP ON FRIDAY.
AUDUSD has been bearish the whole of last week .As the week closed buyers came in possession after the dollar weakened in favour of the Aussie which tends to be bullish till the retest of the broken support which now tends to be our resistance point. once a pullback is seen as illustrated on the chart with arrows we then expect a bearish move.
NB: THE ANALYSIS MAYBE REFLECTED AS GET CLOSE TO NFP ON FRIDAY.
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