Good afternoon, we see AUDUSD is at a major support line, and we see some green candlesticks starting to get in action. This is a good sign for us bulls, especially when we saw a low formed first rather than the high.
I expect price to hit the .618 retracement because my moving averages ran right through as a level of temporary resistance, it will break most likely so don't think of it as long term.
I expect price to hit the .618 retracement because my moving averages ran right through as a level of temporary resistance, it will break most likely so don't think of it as long term.