Simple Charts point to a potential setback for commodity currencies over the coming weeks. Last week's retest of previous broken key levels and rejection confirmed resistance is holding. Downside and short positions remain favored in my view, as long as those resistance levels are holding.
Good luck Exclusively Subscribers to my mailing list will get one month access to my trading account . subscribe here thefxchannel.com/ , My best regards Technician
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.