Watching the neckline here double bottom possible short term reversal before pushing further to the downside.
possible pullback to areas marked. long term bias still remains to the down side.
Good potential risk reward here, could be a pullback wait for entry.
safe buy! just hit major level of support coming with a lot of buying pressure. AUD/USD also to expect a flood of buyers these pairs tend to work in correlation with each other should be great chance to make some pips.
great buy opportunity guys we have just touched a major level of support, RSI indicates oversold, also fib levels lining up perfect with previous support and resistance. if we see break of this level we should find support around 1.39160
eyes open as we approach long term trend potential return to 0.789
struggling at 1.255 area could see potential pullback to 1.265 before pushing further to the downside target 1.24 mark.
short term pullback to the upside overall bias remains to the downside still respecting multi week trend line levels to watch out for are marked.