AUD/USD FIB IDEA

٢٤ يونيو ٢٠٢٠

This has been rather tricky to predict the top of the move that started in March. On first glance, this looks like it BUT the retrace has been subdued and hasn't even reached the FIB 23.6% yet. I therefore feel that although the long term view would be SELL, the road ahead may be rocky with possibly a NEW TOP. A move to the FIB 23.6% would definitely confirm that a retrace is underway.