Bearish indications:
Trend line break out
made a new long and currently at retracement .
Support has broken.
bearish divergence.
Minor resistance respected.
AUD index is bearish
Bullish indications:
Higher high and higher lows.
Major resistance point is still ahead.
Fib level 0.618 crossed and yet to retrace until 0.786
NZD index is bearish.
Trade plan bias short @ 1.07836-1.07791
SL:1.08287
TP1:1.07363
TP2:1.07001
Trend line break out
made a new long and currently at retracement .
Support has broken.
bearish divergence.
Minor resistance respected.
AUD index is bearish
Bullish indications:
Higher high and higher lows.
Major resistance point is still ahead.
Fib level 0.618 crossed and yet to retrace until 0.786
NZD index is bearish.
Trade plan bias short @ 1.07836-1.07791
SL:1.08287
TP1:1.07363
TP2:1.07001
Trade closed: stop reached