I see this push down as only a retracement of the 3 day move up in a row last week.
Just like eur/chf ... aud/usd is at the 50 percent retracement area! Can it move lower? Yes it can!
Can It Retest the daily time frame support zone? Yes It Can...
I remain Bull for fundamental and technical reasons and i believe it will move up soon!
Just like eur/chf ... aud/usd is at the 50 percent retracement area! Can it move lower? Yes it can!
Can It Retest the daily time frame support zone? Yes It Can...
I remain Bull for fundamental and technical reasons and i believe it will move up soon!
Comment:
My apologies.. we are at the 61.8 retracement level! I expect the reversal here