✓ - High test signalling turn in the market.
✓ - Descending used as resistance.
✓ - Psychological level
✓ - Stopped out the early entering bears that shorted the
✓ - Lower high printed on 1HR time frame
Have been expecting so see some downside movement here. AUD looks as though it’s going to start dropping against most other currencies. I’m hoping we’ve wiped out most of the bears with their stops at 0.9000 due to the high test. I shall be waiting on the close tonight for confirmation of this. I’ll be shorting this down to 0.8800.