Short-term Sell (Retracement) on AUDUSD
-Price appears to be respecting a resistance zone .
-I am expecting price to possibly form a double top in preparation for a short-term sell, which will serve as a retracement to the 50.0-
61.8 fib level, ultimately creating a higher low before continuing it's bullish push.
-Also, if you take a look at the DXY chart, I believe it is ready to make a short-term bullish push before continuing to sell off.
Please, like, follow or comment your opinion !
-I am expecting price to possibly form a double top in preparation for a short-term sell, which will serve as a retracement to the 50.0-
61.8 fib level, ultimately creating a higher low before continuing it's bullish push.
-Also, if you take a look at the DXY chart, I believe it is ready to make a short-term bullish push before continuing to sell off.
Please, like, follow or comment your opinion !
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