The Aussie is in a clear downtrend here on the daily with the AUD having a mini resurgence thanks to the strong support at the key psychological 0.70000 level creating a nice Double Bottom!
May not be a trade that gets taken this week as more a long term view but buys are only taken with a break of the channel and a push above the key 61.8% level to retest the highs created in Sept.
Sells with a break below the support confirming another Lower Low.
May not be a trade that gets taken this week as more a long term view but buys are only taken with a break of the channel and a push above the key 61.8% level to retest the highs created in Sept.
Sells with a break below the support confirming another Lower Low.
