Aussie Push Up
Updated
Aussie dollar rejected a strong support level.
Can the bulls push it higher?
Aussie dollar has a strong downward tendency from a multi-timeframe analysis.
Rejected a strong support at 61.8 fib indicating possible ABCD
Let's watch for formations.
Can the bulls push it higher?
Aussie dollar has a strong downward tendency from a multi-timeframe analysis.
Rejected a strong support at 61.8 fib indicating possible ABCD
Let's watch for formations.
Note
It might be a good risk/reward ratio entering long at this level. Risky though.A possible H&S is forming in the 4H chart let see how it evolves.
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