Break + retest (?) of minor M resistance AUDUSD
If you look at the M charts you see this minor zone was already broken several days ago and I see this as a retest.
Will it bounce off 50 or 61 lvl of fibo and rally to major monthly resistance ? or could this be a trend reverse ?
Let's see.
Also RSI indicating a drop.
Would like to see what you think of this so feel free to leave a comment.
Will it bounce off 50 or 61 lvl of fibo and rally to major monthly resistance ? or could this be a trend reverse ?
Let's see.
Also RSI indicating a drop.
Would like to see what you think of this so feel free to leave a comment.
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