FX:AUDUSD   Australian Dollar / U.S. Dollar
5
Price has been pushed to the support zone of 0.750 after it completed an ABCD pattern that also coincided with the fib extension. Personally, i do not trade on fridays and that view is even more reinforced as there is the NFP tomorrow. I shall wait and see what happens around this level before i can form a bias, though i am anticipating a slight retrace. Remember, your strategy should be able to fit into any market type at any time!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.