AUDUSD on the daily time frame had previously made a head and shoulder pattern should is a typical reversal pattern, and price has reached and went beyond the profit taking level which is the neckline to the top of the head. Price is approaching a very strong support zone which have been previously tested twice as a resistance level and formed a triple bottom...
AUDJPY on monthly timeframe, price have been making a series of higher high and higher lows and now have retraced back to the previous high at 78.042 which is in confluence with the 61.80% fib retracement. There is a long set up at this level and to play it to at least 80.349 which is the previous support level of the accumulation, and in respect of the bearish...
