AUDUSD can go more down, as a H&S is developing. The MACD is already showing an imminent cross. The TEMA is providing a good resistance, along with the crucial resistance at 38.2%. This will be a good selloff, but do wait for the important US Manufacturing News today.
Best of luck!
Riz.
Kommentar
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Nice Rate Statement gave the pair a huge pullback. Heading down soon!