If the US Government shutdown continue on Monday, I'm expecting the AUD would bounce of and respect its uptrend support, and testing the resistance. Furthermore, there was quite a strong support at fib 23.6% where price made several attempt to break it.
If it pass above .80500 there's a chance it will test .81 which is the key resistance level.
I'm looking at...
The price had several attempt to test the 136.500 resistance.
However, it pulled back below 23% of Fib, I'm looking whether it will pass below the support trend line or pass below the 38.2% Fib. At this level, the price is indecisive, could it be because it's still waiting for the this weekend decision of Germany political crisis.
If it does break below the...