If you saw my analysis of AUDUSD about 3 weeks ago I called this exact move down which you can check on this post.
Now price has a chance to move up from this descending channel for a move that could be worth over 350 pips. I will keep an eye out on smaller timeframes to look for buying opportunities on this pair after some sort of structure breaks above to confirm bias and lower risk.
Now price has a chance to move up from this descending channel for a move that could be worth over 350 pips. I will keep an eye out on smaller timeframes to look for buying opportunities on this pair after some sort of structure breaks above to confirm bias and lower risk.
