I will wait to see what happens at 0.99000 level I have i bearish bias because all this bullishness should come to and end. The daily and weekly bullish blocks have been overtaken but i wouldn't buy in to the 0.966 resistance. So a profitable 2% price decrease should be on the way soon towards the weekly low maybe, best to wait for now or check smaller time...
AUDUSD found support at the upper deviation of the recent downtrend's linear regression channel today. This level coincides with the mid point of the recent VIX 75% retracement, or 'smart money buying spree' key level, which happens after VIX spikes by 5 points or more, and the smart money 'buys the dip' in risk assets, making VIX retrace 75% of its recent climb,...
The bat pattern is now completed. Looking for price to retrace to FIBO 0.236, bounce for head and shoulder pattern completion. Then taking out support at 1.1907. And continuation of trend towards parity.