Hello traders, hope we had a great weekend... We anticipate a bearish week from AUDUSD as well as some other XXXUSD pairs.
We can see a retracement from last week to the bearish OB with price reacting @ this zone by selling off after the news release on friday. A retracement is expected hereby creating the High of the week @ zone marked above. A further break above the sell zone to .7131 might occur but the bias is invalidated once we see a break above last weeks high.
We can see a retracement from last week to the bearish OB with price reacting @ this zone by selling off after the news release on friday. A retracement is expected hereby creating the High of the week @ zone marked above. A further break above the sell zone to .7131 might occur but the bias is invalidated once we see a break above last weeks high.
