AUD testing clear resistance area price not expected to be dancing around this key level for a long time as this area has not been tested a lot of times before. Seeing that there is a key previous resistance area inviting buyers to go long as well as the trendline inviting even more buyers could mean that there is a lot money resting below these areas which could...
Price action is showing a clear impulse correction pattern to the downside. Entry will be at a fib level of the previous downward leg which overall provides a fair risk reward as profits will be taken at the 34400 price.
AUDUSD taps down in a low showing a clear bullish impulse and correction that could possibly pump it up to higher prices.
Price is headed towards swing low same time clearing up liquidity of relative equal lows above swing low area. Expecting bounce off the 14700 area to make new highs