SKYNET007

SKYNET007

We can see that the AUDUSD broke the downtrend last months and went up. The today's candle shows a possible pullback in the trend. According to the fib tool and if it respect it past trendline we can expect a pullback and after that a nice move up towards the next support level.

SKYNET007

Last days we saw a break of the downtrend and possible trend reversal, Waiting for a confirmation

SKYNET007

If you are are looking at the past, the market made some nice similar moves. I've simulated what might happen.