1.0200 Holding as a resistance area and looks like a Megaphone top forming which is bearish, if that's the case I'd expect a decent drop to the 105.00 area and maybe break below the pattern , possible support around 1.010 and 1.005
Price have broken bullish trend line. Now is doing a retracement with low volumen. Searching a bearish movement till S-2.
Filled longs with average of about 1.1076, expecting a restest of previous resistance of about 1.14. 1.106 was 61.8% correction of previous leg up from 1.095 to 1.123, this leg being 61.8% retrace of the Brexit plummet. The target of 1.14 is the 161.8% extension of the previous leg from 1.095, resistance zone on many occasions, TL since the 3rd of Dec and...
AUDUSD changing tren, nice buy oporrtunity, USD with bad numbers and oceanic pairs begin to breath...
Price ended the previous trading week at the base of an upward trending channel. Looking for bullish evidence to confirm entry Sunday open going into Monday.