This is my AUDUSD prediction.
Market is currently in a downtrend. Fell in an important level of support
Created a nice lower low with an bullish engulfing bar.
If we put up a Fibbonaci retracement, we can see that the 0.618 Fib level is nice around a little level of structure plus approaches the downtrend nicely.
Let's see!
Market is currently in a downtrend. Fell in an important level of support
Created a nice lower low with an bullish engulfing bar.
If we put up a Fibbonaci retracement, we can see that the 0.618 Fib level is nice around a little level of structure plus approaches the downtrend nicely.
Let's see!
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Disclaimer
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.