For almost a year AudUsd has been in an uptrend, with the pair gaining from bottom to top 2500 pips, but more importantly almost 50%.
However, after 0.8 top, the pair started to correct and the price evolution so far this year started to resembles a H&S (INCOMPLETE AND UNCONFIRMED)
A dive back to 0.76 support would give confidence to bears for a deeper correction and, on the other hand, Aussie back above 0.7850 would lead to further gains above 0.8
However, after 0.8 top, the pair started to correct and the price evolution so far this year started to resembles a H&S (INCOMPLETE AND UNCONFIRMED)
A dive back to 0.76 support would give confidence to bears for a deeper correction and, on the other hand, Aussie back above 0.7850 would lead to further gains above 0.8
🚀 Elevate your trades with a 20-year market veteran!
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai