AUDUSD Forex Weekly Analysis May 29 - June 2, 2017
Looking for the recently formed bearish momentum to continue. A rapid increase in the market usually followed by either wide sideways movement or rapid decrease of the price level.
In this case, we might be seeing a wide sideways movement considering that the price is moving in a triangle pattern from a bigger time frame (W1).
In this case, we might be seeing a wide sideways movement considering that the price is moving in a triangle pattern from a bigger time frame (W1).
