LONG TERM - AUSSIE IS CURRENTLY SITTING AT A MAJOR KEY RESISTANCE LEVEL AS HIGHLIGHT ABOVE -
- This suggests bulls are coming in and if further bullish price action is seen on lower TFs I will be buying this market long term. - Price action is also confined within YEARLY TRENDLINE SUPPORT (black trendline - seen more clearly on YEARLY CHART) - RSI was last at this level in 2001 where REVERSAL occured
Commentaire
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ERROR - meant to state - at a major KEY SUPPORT LEVEL