EUR once again fails to show clear direction, we have formed a bullish flag after the impulse and are just waiting for the the next leg up. Price may sweep down into the order block marked before firing to the upside.
AUD has been unstoppable this week, which has made it impossible to sell this pair. We have wiped out the prior high again but we remain above significant structure so we cannot sell until the price clears that level marked. Personally, I am more inclined to sells but I will go with the flow and not get caught with a bias. I assume the majority of sentiment is...
In my view the trend is still bullish until we manage to crossover the ascending trend line. I would like to think that price has pulled back to the 4hr resistance level in order to stop loss hunt buyers from the resistance break. We may now see the continuation to the upside.
