hello Traders, Aussie reached 100% fibo expansion , meaning we are still in a corrective zone.
after the clear divergence on the RSI i am looking forward to long the pair with a stop near 0.6680 and a target of 0.7030.
the tightening policy from the USA and the strong dollar is what put a pressure on the aussie lately.
after the clear divergence on the RSI i am looking forward to long the pair with a stop near 0.6680 and a target of 0.7030.
the tightening policy from the USA and the strong dollar is what put a pressure on the aussie lately.