AU has been stubbornly strong and respectfull of levels and trendlines at the same time
my bias is to see AU at 0.775
AU hes the tendency to break quite hard out of a range or trend (circles)
as it has respected the underlying support aruond 0.7615 when it had the chance to break and did not, i expect it to go and probably break the other way
room enough to the upside on the daily
my bias is to see AU at 0.775
AU hes the tendency to break quite hard out of a range or trend (circles)
as it has respected the underlying support aruond 0.7615 when it had the chance to break and did not, i expect it to go and probably break the other way
room enough to the upside on the daily
Comment:
i am uncomfortable with current movements in different pairs,... i'll take the 30 pips i have and sit on the side line for a while