In the coming week, we anticipate the price to break the low one more time and start a reversal that could push the price towards the . This could be triggered by Tuesday’s RBA’s Interest Rate decision and possibly a hawkish statement.
Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.