Copper: offering clues for the Australian dollar traders
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Watch this commodity, since it's very influential, showing a high positive correlation with the australian dollar.
Right now I have a bullish weekly setup, aiming for the area depicted by the triangle, which happens to match two channels' resistance.
Rgmov is advancing with price, and currently showing a 0.382 retracement after the recent bearish swing.
Will this be a refresher before further upside?
Should be constructive to keep this as reference when trading Australian dollar FX pairs.
Good luck,
Ivan.
Right now I have a bullish weekly setup, aiming for the area depicted by the triangle, which happens to match two channels' resistance.
Rgmov is advancing with price, and currently showing a 0.382 retracement after the recent bearish swing.
Will this be a refresher before further upside?
Should be constructive to keep this as reference when trading Australian dollar FX pairs.
Good luck,
Ivan.
交易结束：到达目标
Time at mode trend signal expired, target wasn't hit. This normally implies a reversal...注释
What a reversal...
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