FX:AUDUSD   Australian Dollar / U.S. Dollar
AU has been in a bullish direction since the beginning of December. As we are now are in the beginning week of January, the price just broke out of consolidation. Using my Fibonacci tool last week you can see that AU reached near 50% level. Failed to break past that level which confirms the bearish direction it's currently in. Once AU breaks through my bullish trendline that would be more confirmation for a good and long sell move.

If you agree with my analysis please like or comment your thoughts.


Remember to keep God the center of everything you do this year.


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