AUDUSD: Several confluence in the zone
We have two advanced pattern forming, at the same time a structure zone as well as an upward trend line.
With all this inline, we might potentially see price bounce back up to 0.7785 level or even higher towards the 0.7840 region.
A break below all these confluences will however confirmed that the bearish trend is still very much intact.
I would love to hear your opinion, feel free to comment, agree or disagree.
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KY
With all this inline, we might potentially see price bounce back up to 0.7785 level or even higher towards the 0.7840 region.
A break below all these confluences will however confirmed that the bearish trend is still very much intact.
I would love to hear your opinion, feel free to comment, agree or disagree.
------------------------------------------------------------------------------------------------------------------------------------------------------------------
Always wanted to connect, learn and help one another throughout your trading journey? Join our community for FREE at www.facebook.com/groups/fxpipsology/ The only thing you need to 'pay' is your commitment to trading and sharing!
Have a great pipping day!
www.fxpipsology.com/
www.facebook.com/fxpipsology
Cheers,
KY
