AUDUSD Daily TF Make Trading Simple
Kepp Trading Simple
AUDUSD is currently pulling back after reaching the -0.27 Fibonacci target. We have multiple strong confluences around the 0.67021 - 0.66929 range. Additionally, there is a descending trend line from May and an ascending trend line from early June converging in this area. I will be looking for the price to stabilize and start to reject at this point.
AUDUSD is currently pulling back after reaching the -0.27 Fibonacci target. We have multiple strong confluences around the 0.67021 - 0.66929 range. Additionally, there is a descending trend line from May and an ascending trend line from early June converging in this area. I will be looking for the price to stabilize and start to reject at this point.
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.