just wanted to check how aud is against usd in the last months.
well, the scenario is quite clear: medium term is still bearish and short term too.
In these days the pair is testing short term trendline (black one) for the third time, after a v-shape pattern. Moreover, the currency is facing an important area across 0,73-0,74: in fact, it has been paused a lot of times.
Maybe, a strong break of the short term trendline will let the pair run over to 0,74-0,7450 area where the medium term…
well, the scenario is quite clear: medium term is still bearish and short term too.
In these days the pair is testing short term trendline (black one) for the third time, after a v-shape pattern. Moreover, the currency is facing an important area across 0,73-0,74: in fact, it has been paused a lot of times.
Maybe, a strong break of the short term trendline will let the pair run over to 0,74-0,7450 area where the medium term…
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