FX:AUDUSD Australian Dollar/U.S. Dollar
Despite the euphoria surrounding the rally during last the week, she could not stand the selling pressure. 0.72 and 0.73 zones seem strong resistance to price. Last week's bar closed with a long tail above = rejection. AUDUSD still has a lot to prove in its potential advance. Overall trend is still down, and it has yet to put in that major trend reversal pattern I want to see( ......mostly a prior to main down TL BO ,Plus some buying pressure, evidenced by 2-5 strong bulls) For now, the selling pressure overpowers the buying pressure, and as such, I'm not keen to going up with her.MY WISH IS TO SEE THAT LIGHT GREEN LINE(0.690000) TAKEN OUT!