hamsonh

weekly outlook of audusd as at 8 oct

hamsonh Updated   
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
blue bars are past zones that price reacted to them we are currently on a zone lets watch out for price action at the current zone to see if its just an retracement or change in momentum so we can ride price to the next zone or to the channels low or high.
Comment:
the channel is still respected and price is at a critical level which was once the weekly support it broke resistance and now retesting i am anticipating further bearish movement to the next zone which is also the low of the weekly channel
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