After the long upward trend we see a weakening in the strength of AUDUSD. Over the past week we have seen several attempts to continue the movement, but soon after that, the price was coming back.
Today we have a breakthrough of support and we expect that the correction can continue at least to 0.7077.
This would allow new buyers to join there and give strength to the movement we have seen so far.
Given the possible correction here, we expect interesting movements in the crosses with AUD with EUR and GBP.
We already have one active position, and we will be looking for a second one today!
Today we have a breakthrough of support and we expect that the correction can continue at least to 0.7077.
This would allow new buyers to join there and give strength to the movement we have seen so far.
Given the possible correction here, we expect interesting movements in the crosses with AUD with EUR and GBP.
We already have one active position, and we will be looking for a second one today!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade