AUDUSD looks very interesting for a huge short propelling to downside targets which are highlighted by the two blue lines on the charts. The higher timeframes suggests we have formed a Head & Shoulders formation and a retracement to 6.18 Fib Level. We have broken a key level 0.7050 and have came back to retest this level on the daily timeframe before I believe...
Hi everyone, I'm expecting a short coming this week which will just be a pullback before a long impulsive to the upside! I have a target 0.70000! Hope everyone has a great trading week ahead!
I believe there is a high chance of a short setup on this pair. I will be watching this closely as we have rejected the trendline drawn. I have drawn fibonacci retracement potential also with the D leg extension. This pair has rejected the weekly support numerous of times also. There is a high chance that this pair will go lower than the daily support region....