AUDUSD has falling the past 2 days and came to a strong support area of Fibonacci retracement 0.38 level.
my bias is the pair to reverse to the next resistance line and we would see if the pair keeps moving up or it falls again from that level of strucure.
alternative scenario is that if the pair is able to break the support structure, it may lead to a...
After NFP data release. We see that once again the US has provided traders with sentiment to keep bears on track against the greenback.
Initial Entry during NFP saw us enter the swing towards downside target profit of 0.69295.
Re-entry towards the downside from 0.69700 zone has proven that were gaining momentum on AUDUSD towards our swing target of...
