Hi Traders, Following yesterday's USD news, the Federal Reserve has reduced the interest rate by 0.25%. It seems the market has already absorbed this news, and our attention shifts back to the USDJPY pair. On Tuesday, my analysis showed a price break above the H4 structure. According to this structure, we can anticipate a continuation of the overall downtrend....
The AUDUSD has traded below the Daily Structure of 0.7340 after several intraday attempts to stay above this price point. Another factor that will contribute to this bias is a break below 1DL of 0.7332. We look to target the next structural point of 0.7289, the strong line 110% of the Fibonacci extension. Alternatively, a break back above the 0.7348 will...
Hey guys, quick a video about the price-levels I`m looking at. As always, we never know what is going to happen but this could be our edge! :-) LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)