Kiwi skyrocket after the DXY downfall reaching the 0.73 resistance level.
Now is currently forming the second leg of an M Formation at the 4hr timeframe near the 800 EMA.
Next week could be a nice sell position for the pair as it has been rejecting the 0.72-0.73 area lately.
We can wait for further confirmation and the news for AUD next Tuesday on retail sales!
Now is currently forming the second leg of an M Formation at the 4hr timeframe near the 800 EMA.
Next week could be a nice sell position for the pair as it has been rejecting the 0.72-0.73 area lately.
We can wait for further confirmation and the news for AUD next Tuesday on retail sales!