AUD/USD – Week 39 – Reversal coming soon.
In our previous outlook, we expected the pair to finish the correction and resume the uptrend. Instead, the price ranged the entire week
In the coming days, we expect the pair to continue the bearish momentum from this consolidation, but keep in mind that a reversal may be around the corner.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In the coming days, we expect the pair to continue the bearish momentum from this consolidation, but keep in mind that a reversal may be around the corner.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
