hello everyone, the price has reached a strong resistance zone as well the resistance trendline... price is following the downtrend pattern, at this point the price is overbought.. the price will likely reverse and test the support or the support trendline if price continues to remain bearish...
goodluck...
goodluck...
Comment:
price is in area of resistance level, next resistance is at 1.0805 we may see correction before or after... all depends on the outcome of RBA news today..