With the new variant of Covid-19, Australia will be effected as there's a high chance of them going into lockdown. This means AUD will most likely to short and there's also an M shape, crossing resistance, which backs up the short position.
After breaking resistance, we can expect the pair to break the last low, continuing Bearish.
This trade currency could break up or down to complete a flag. Keep an eye out!
Gold may continue to fluctuate within the support.
Can see a head and shoulders pattern on the weekly chart. Can expect to go bearish
