Good afternoon traders.
AUDUSD come to our focus today. Looking at the chart provided we can see that we’ve made a decline from 0,70300 down into 0.68500. We know from a higher TF perspective that we have been trending up nicely. Gathering the data from CMP we can see that the support structure has held nicely. What I foresee is a push back up into the highs around 0.70200 for a 157 pip run with stops just below 0.68200. Let’s see how this plays out.