The price hit main daily resistance and was rejected. I am looking for a move lower in the short term. First target at the 38.2 retracement for the bullish wave, which aligns with prior swing low and support.. Second target at the 61.8 retracement.
All my ideas are just my personal view. Trade Your own view.
I have no incentive to post if i don't get enough support from you. Likes and comment. Appreciate your support..
You can SKYPE me at : Technician - The Forex Channel
Poor sentiment driving commodity currencies lower, approaching first target.
AUD Under significant pressure
I would love to see first target hit before market closes.
Bounced with start of the session, but i remain bearish.
First target reached.
Trade closed: target reached
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