AUSSIE is showing it's volatility with some strong shorts.
The market is currently approaching a 17 year low of which I will be looking at Fundamentals to see if there is a probable reason for same.
Upon reaching those lows I will then look to see if the market will respect it or break right through to new territories.
Keep watch with me.
Did you catch the...
We have seen a nice break and respect of trend lines with AUDUSD.
The pair is now approaching a critical zone where a decision has to be made! We have seen an initial bounce now let's see if we will get a push or break.