USD/AUD coming into diagonal resistance, we could see it rejected and falling away.
If we break through, there is room to move up to the next horizontal resistance zone.
Commento:
Initial short was on, didn't last too long though.
Price broke through diagonal trend and touched the horizontal resistance level, coming back down now. Looking for potential flip of resistance to support and a retest.
Reach out if you want to trade with one of the worlds leading CFD trading platforms, GO Markets.
Commento:
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Price broke through diagonal trend and touched the horizontal resistance level, coming back down now. Looking for potential flip of resistance to support and a retest.
Reach out if you want to trade with one of the worlds leading CFD trading platforms, GO Markets.