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Analysis of #AUDUSD
Here we have prices reached very important zone which price previously dropped significantly and this the first time we come to test the zone,
I will be watching price action from this zone to see if the prices get rejected from this area and start to break to the downside, we could look to get involved ina short, otherwise, if the price continued higher we look to get involved in a long for trend continuation opportunity
⚠ Please note the ideas is valid only if it happened as I said above
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Check today analysis below
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For me it's hard to believe that it'll continue to push up much further, however, with the amount of momentum to the upside over the past week anything is possible. As of now I'm also expecting a nice short to occur around the 0.65 mark. Would love to see it drop to 0.62 and have that nice reversal to 0.7 :)
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@hammozac, exactly anything is possible in the market, we will wait for a confirmation