On the AUD/USD we have seen huge bearish momentum and price has currently stalled at the -0.27 fib extension level which is in perfect confluence with my key support zone. I am expecting bullish price action coming into 2017 and think this pair has the potential to rally back up to point C of the ABCD pattern.
Comment:
took profit after seeing the tweezer tops at key resistance and forming a potential lower high.
