Hello everyone, I hope you made some good pips with this setup:
It's also part of the setup I posted some days ago, with possible move here:
What is happening now? AUDUSD sits in nice downward channel, touched the upper trendline of the channel which coinfluences with 0.382 retracement. I expect more doward pressure this week due to USDollar index , which should got more upward pressure to complete its move this week. Watch USDollar index for the clues where we can go.