AUDUSD is in some serious momentum, it has broken all the important resistance and trading above the falling trendline. We are expecting bulls will continue this pace and before moving more further take a step back (correction).
Alternatively, if it falls below the falling trendline the bears will come to the party and ruin the bulls show. Trade your levels accordingly.
Price has been moving in bullish movements for a while now. Price has broke bearish structures, I'll be waiting for the retest and wait for more bullish momentum before taking long position.
AUD/USD has failed to make another higher high and to take out a major dynamic resistance 0.7210 signalling a potential reversal in the short term. Last Friday was broken 0.7180 and new week open gap confirmed AUDUSD under pressure.
The price is struggling in the upper border of the target range of 0.7190-0.7225 Last week, If Price break out 0.7240 which will lead...
just a basic H4 view let see a bearish engulfing anf not pass is down T-mine since january high can make think he can down to a psychological leval of 0.7700 with amid bad china ppi and cpi and geopolital tension+ an hawkish FED bad on good us CPI report..i not play it because market very confuse with all tension from us and other country..but i let you see he...
