AUDUSD: LONG
Zaktualizowano
Watching for a possible break and retest f support zone but a more likely possibility is for the rebound off support zone with the pair remaining in that zone of consolidation. A number of indicators point to a possible Bull trend so waiting for confirmation of same before entering. could see prior week high tested but watching as it does seem to be forming a lower trend. IF it does break Support then expectations see it retesting support at 0.6400 as strong monthly support awaits just below. This pair is leaning to a bull market but the market can flip at any point so best to remain cautious. Entry is Everything.
NOTE: THIS IS NOT FINANCIAL ADVICE NOR SIGNAL BUT IS MEANT TO PROVIDE MEANINGFUL AVENUES OF DISCUSSION ABOUT POSSIBLE TRENDS AND MARKET MOVEMENTS
NOTE: THIS IS NOT FINANCIAL ADVICE NOR SIGNAL BUT IS MEANT TO PROVIDE MEANINGFUL AVENUES OF DISCUSSION ABOUT POSSIBLE TRENDS AND MARKET MOVEMENTS
Transakcja zamknięta: osiągnięto wyznaczony cel
Target Reached on this now to reassess and see where the market takes it. Had alot of assistance today to hit the target early with early hope about a possible vaccine so next trend may point to a possible downtrend to correct at least 50% of initial move.
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