AUD/USD - Market Update - Price expected to reach 0.80000
AUD/USD - Market Update - Price expected to reach 0.80000
Last week we noticed that price had a 23.60% Minor Fibonacci Rejection (despite it not hitting it to the PIP, I consider that a rejection). We are projecting price to reach 0.8000. If price does reach that area, we may be entering a -Critical Zone-.
If we manage to see any strong -bearish- candle close around 0.8000 we could place a potential CTT (Counter-Trend-Trade) and ride it down to 0.7750. If we have confirmation.
Last week we noticed that price had a 23.60% Minor Fibonacci Rejection (despite it not hitting it to the PIP, I consider that a rejection). We are projecting price to reach 0.8000. If price does reach that area, we may be entering a -Critical Zone-.
If we manage to see any strong -bearish- candle close around 0.8000 we could place a potential CTT (Counter-Trend-Trade) and ride it down to 0.7750. If we have confirmation.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.