within a short period the AUDis currently facing resistance although this is not a long-term short we are expecting to buy as soon as support is tested
we are going to see a strong pull back towards the recent support area that i have highlighted in any case the bears are still running the show and once it is ready let us anticipate a crush in this market
With our entries at 74.34 I am expecting that price may drop to 27.65 before the bulls can take some form of control over the market consolidation is about to be broken
Although this position is still in play we might experience a retest of1.32357 if so that may be our second entry from the first entry on market open we are anticipating a short to 1.23909
price is set to retest 1.05804 or 1.07023 as I earlier indicated the price was bearish though the pressure has been moderate and price has not reached retest price
