Since it seems today the AUD/USD will close under its resistance. I will be going short with a TP of the previous support which is around 0.66800. It will trigger my SL if a 4h candle closes above 0.69200.
I think it is reasonable to retest those trendlines, especially the one which was a resistances before. They haven't been properly tested and since the dollar is gaining strength it is reasonable to go short currently.
TP 1: Is around 0.62300.
TP 2: Is around 0.61900
After silver failed to break 18.400 resistance two times. I think it's time to test the neckline which was done during the downfall. The first target should be 16.600 after that maybe a rebound and then it must have a go at the neckline after which we could see a rally.
In my opinion, the pair tested the support and got rejected. There could be second test and it will be rejected as well with high probability. But you can go long with a good risk-reward ratio.
TP: 81.700
SL: 77.800 4h hour candle close.
