This is a trendline now seems confirmed as a broken one.
AUSDUSD also has a Double test of this bottom and a higher bottom.
But,
if AUSSIE cant survive to pass this blue level, will see a lower low later. The light blue ABC wave.
Still, there is a gap that is with high probability for 66 pips. And we marked that on the chart.
Less is more!
AUSDUSD also has a Double test of this bottom and a higher bottom.
But,
if AUSSIE cant survive to pass this blue level, will see a lower low later. The light blue ABC wave.
Still, there is a gap that is with high probability for 66 pips. And we marked that on the chart.
Less is more!
Trade closed: target reached
Comment:
Price drop down again from the resistance zone .
AUDUSD is strongest pair now.
Check GBPAUD, EURAUD, AUDJPY, AUDCHF, AUDCAD.
you will know what that means.