AUDUSD Weekly Overview
To me looks bearish, I wanted to take a look at any FIB numbers, noticing that price is at 1.272 extension of the recent small move up and 0.618 retracement of the larger move. . .
Some are anticipating dollar weakness on the horizon, while possible that we could go to 0.7165 where I see a much stronger level of support than we currently are experiencing, a rollover in the dollar could bring strength back to the pair. I am inclined to have a bullish longer term sentiment still.
No entries or trade signals just an overview.
Some are anticipating dollar weakness on the horizon, while possible that we could go to 0.7165 where I see a much stronger level of support than we currently are experiencing, a rollover in the dollar could bring strength back to the pair. I am inclined to have a bullish longer term sentiment still.
No entries or trade signals just an overview.
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