When looking at the daily for AUDUSD, I believe there's a clear uptrend visible, indicated by the orange trend line. H4 also shows lower lows and higher highs . Moreover, the lower level of the support area (indicated by the green arrows) has been tested multiple times and seems to be holding . These are indicators that the pair could trend higher. We've seen...
We've seen the price being tested against the top resistance level for a couple of times now, every time following quite a sell-off. This week, I can see 2 things happening; EURUSD gets in the range between 1.116 and 1.10, awaiting what Draghi has to say in the ECB meeting on Thursday The bearish trend will continue, possibly after first moving up to a...