Short

too much weakness should move towards lower end of channel

Updated

I do thought we would have had a stronger push from the Yearly lows but it was over the next day quite tall tale they those were shorts covering not much buying.. massive covering.. but there is still too much weakness given this we may end the day over 1% or closer to it.

> Possible double top play also a channel

Comment

I believe we will see a possible testing or breaking out of lows before reversal.
#audusd

Long after either of these are completed if not

Frugal-One

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.