Last week, we expected the Australian Dollar to reach the orange trendline. The price didn’t reach our target but started the bullish move that we were expecting. In the coming week, we anticipate the price to rise correctively and slowly reach the trendline. Trade with care.
Best regards, Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.