Aussie/Dollar TA. 8hr chart. Price is holding up near my green highlighted area supported by multiple trend lines.
If price holds this week I expected a bullish rally over the next 2 weeks and expect this downward trendline to break. If not, I will likely close my positions. I have added numerous positions since my last post and still holding.
The longer term trend is bullish, however price has been extremely bearish over the past few weeks. I expected the right shoulder not to hold last week but was proved wrong. Let's see where this thing goes.