AudUsd has more to drop

٧ أبريل ٢٠٢١

After the 0.8 high at the end of February, AudUsd has entered a medium-term downtrend putting LH and LL on our chart.
At this point the pair is in a small correction and I expect gains to be very well capped towards 0.77 strong confluence resistance
My strategy for this pair is sell rallies with 0.74 zone as a target