The market is currently positioned at the 61.8% Fibonacci retracement level on the daily chart, with the Relative Strength Index (RSI) indicating an overbought condition. On the hourly chart, the market is consolidating around this 61.8% level, remaining within the "golden zone." It is anticipated that this consolidation will persist until a breakout occurs. I...
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Audusd shows strong bullish momentum and pushing towards a higher high. Soon to break, wait for market to RETEST then make your decision based on the candle sticks that show
