AUDUSD not trading fro, this zone it can go either way . i need a close above the breaker block for buy or close below 62475for short . or if the breaker block. is sctually tested and rejected ill short
Target for this week.. Approximately 2% from present PA...
0.63840 : Channel Resistance. In line with previous retracements from lows.
The dollar will start rolling over and continuing it's down trend for this week $DXY... With that said, today's PA is a false narrative of accumulation. And just fuel for another leg down..
All this may need more than the remaining days to play out. However, this should happen. AUDUSD