USD has been showing signs of strength for a while now and i look to continue the downward trend on AUDUSD. at the 50% Fibonacci retracement level we see a break and retest.
CONFLUENCES:
1) OVERALL DOWNTREND
2) 50% RETRACEMENT LEVEL.
3) BREAK AND RETEST.
CONFLUENCES:
1) OVERALL DOWNTREND
2) 50% RETRACEMENT LEVEL.
3) BREAK AND RETEST.