AUDUSD - Accumulation, Are we in Spring Yet? (No)
Chart: AUDUSD on a 12h timeframe
Based on this AUDUSD probably will continue sideways for a couple of more days.
- We had a nice markdown, followed by a fairly high volume Selling Climax (SC) and Automatic Rally (AR)
- Seems our Selling Climax Support line has not yet been breached yet, thus Spring is not in yet
Based on this AUDUSD probably will continue sideways for a couple of more days.
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