AU re-testing strong resistance + trendline break.
Pair had found strong support on the 0.786 Fib of the previous swing low.
Watch this level for the next move. I believe we're looking at a re-test of the lower levels, if we continue to show signs of weakness here.
Otherwise a breakout will see us testing 6700's or 100% Fib retracement.
Pair had found strong support on the 0.786 Fib of the previous swing low.
Watch this level for the next move. I believe we're looking at a re-test of the lower levels, if we continue to show signs of weakness here.
Otherwise a breakout will see us testing 6700's or 100% Fib retracement.
Comment:
Triple top has formed, + saw a strong rejection candle that's at least hinting a market bias.
