Scenario 1: Price seems to be rejecting the 61.8 fib. I would wait on the break of the counter trend line and support + a retest to enter a short.
Scenario 2: If price keeps pushing and breaks the daily descending trend line, I would wait on a retest of the ascending trend line and enter a buy.
Patience is key. Set alarms and wait
Scenario 2: If price keeps pushing and breaks the daily descending trend line, I would wait on a retest of the ascending trend line and enter a buy.
Patience is key. Set alarms and wait
Comment:
Sell stop placed. Lets see a break. AUD is respecting weekly channel and is weakening.
Sell stop placed. Lets see a break. AUD is respecting weekly channel and is weakening.
Daily view