The Aussie vs the Loonie
The market fulfilled my last idea of retracement.
Using the Fibonacci retracement tool, price action has gotten to the 0.60 area signifying a possible LONG position. We can also see rejections from the support zone indicating that the BEARS are gradually loosing steam and the market getting ready for a further move upwards since we are generally in an uptrend.
USE WISE RISK MANAGEMENT
Using the Fibonacci retracement tool, price action has gotten to the 0.60 area signifying a possible LONG position. We can also see rejections from the support zone indicating that the BEARS are gradually loosing steam and the market getting ready for a further move upwards since we are generally in an uptrend.
USE WISE RISK MANAGEMENT
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