AudUsd- I expect 0.78 to hold
AudUsd has started the year with a correction mood and the pair dropped from 0.78 zone to 0.76 zone support.
A recovery followed and Aussie made a new attempt to conquer this resistance.
Yesterday we have a bearish engulfing from this zone which could mean that the pair is ready to roll down.
Targets for sellers are 0.7650 and 0.7600 and a daily close above resistance would put a pause in this correction scenario
A recovery followed and Aussie made a new attempt to conquer this resistance.
Yesterday we have a bearish engulfing from this zone which could mean that the pair is ready to roll down.
Targets for sellers are 0.7650 and 0.7600 and a daily close above resistance would put a pause in this correction scenario
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