In yesterday's analysis, I said that the overall trend for AudUsd si aggressively down, but a challenge of 0.6 is not out of the question.
Yesterday the pair almost touched 0.6 and failed(for the second time) to maintain gains.
Due to global concerns, I expect Aud to continue its weakness and we can see another drop to 0.55 support sooner rather than later.
Sell rallies could be a good strategy for this pair.
Yesterday the pair almost touched 0.6 and failed(for the second time) to maintain gains.
Due to global concerns, I expect Aud to continue its weakness and we can see another drop to 0.55 support sooner rather than later.
Sell rallies could be a good strategy for this pair.
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