2/27 - 2021 could be a down year for AUD/USD pair.
2/27 - 2021 could be a down year for AUD/USD
1. 5 waves up to 2.618 Fi ext. and close to major price resistance.
2. Big bearish engulfing candle stick on a spike in vol.
This may have a little gas left in the tank but
If this rallies over the next couple of weeks I would look to sell the pairs as close to 0.8000 = This weeks high as possible.
Don't see it breaking the 0.813 price resistance.
1. 5 waves up to 2.618 Fi ext. and close to major price resistance.
2. Big bearish engulfing candle stick on a spike in vol.
This may have a little gas left in the tank but
If this rallies over the next couple of weeks I would look to sell the pairs as close to 0.8000 = This weeks high as possible.
Don't see it breaking the 0.813 price resistance.
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