FX:AUDUSD   Australian Dollar / U.S. Dollar
Right now price is heading to 81 cents as this is a major resistance and is currently a 0.786 fib level and a long term bearish trend like so if price does not break this level we will see a bounce off that trend like and see bearish continuation for another 4 years till it bottoms out at 47 cents. Cant see that the recent bottom being strong enough as there’s not so much support/legs built there so. One more dip.

Comments