Description
⋅ THE AUSSIE TRIES TO FIGHT ITS WAY UP
BUT REMAINS BEING A SELL ON EVERY PULLBACK
RIGHT NOW PRICE FIGHTS TO DEFEND AND STAY CLEAR OF THE 0.69 LEVEL.
IF THAT BREAKS - THEN WE MIGHT SEE 0.55..
NOT THE BEST TRADE TO BUY AT THIS POINT FOR OBVIOUS REASONS.
WITH SO LIMITED UPSIDE AND BIGGER DOWNSIDE RISK LURKING
AROUND THE CORNER STILL.
I WILL BE ON THE SIDE LINE ON THIS ONE AND AWAIT TO SEE IF 0.69 WILL BE CLEARED OR NOT IN THE NEAR FUTURE