AUDUSD - Long
Looking at how the chart has been acting over the last several days we are seeing constant testing of Trend lines and S&R lines.
There is still a little bit of a movement to the downside to test a support around 0.71600 if it doesn't break through i'm looking for a break to the upside around the Fibonacci 50% respecting the downwards Trend line then break to the down side.
Also may be a valid Butterfly Harmonic
**Of course this could be completely wrong and the market just drops it like MC-Hammer
There is still a little bit of a movement to the downside to test a support around 0.71600 if it doesn't break through i'm looking for a break to the upside around the Fibonacci 50% respecting the downwards Trend line then break to the down side.
Also may be a valid Butterfly Harmonic
**Of course this could be completely wrong and the market just drops it like MC-Hammer
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.