AUDSGD has continued to weaken and has now retraced the prior bullish impulsive leg by almost 78.6%.
I'm looking for a potential halt to the decline circa 86200/86300. I will be looking for reversal setups in the zone.
The trending indicator on the chart is now flagging multiple positive divergence, however that is not a signal in of itself. Only price can offer an objective signal
I'm looking for a potential halt to the decline circa 86200/86300. I will be looking for reversal setups in the zone.
The trending indicator on the chart is now flagging multiple positive divergence, however that is not a signal in of itself. Only price can offer an objective signal