with the stock market rallying here and the risk-on sentiment prevailing that helped push the aussi higher.
I have a bias that the stock market is setting up for a more downside and have been selling the index for a while so how i will sell this pair
I am expecting the pair to come to retract back to its previous support which now turned to resistance, that's why I will be watching price action inside this zone to see if it could provide me a reason to short
Check today analysis below⠀
_____________________________________________________________________________⠀ -DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀ -⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You