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AU200AUD
Important Price: 7040.6
We want to see price move away from this, confirming our move down to 7005.5. After we see this move happen, purely from a price action perspective we're able to determine a further sell off or SHORT.
What do we need to keep an eye on?
Pay close attention between 7040.6 and 7005.5 as these prices will help us in staying in a short until Target #1 and Target #2.
Target #1 6918.8
Target #2 6818.9
AU200AUD
Important Price: 7040.6
We want to see price move away from this, confirming our move down to 7005.5. After we see this move happen, purely from a price action perspective we're able to determine a further sell off or SHORT.
What do we need to keep an eye on?
Pay close attention between 7040.6 and 7005.5 as these prices will help us in staying in a short until Target #1 and Target #2.
Target #1 6918.8
Target #2 6818.9