AUDUSD has nearly begun to stage what looks like exhaustion in this corrective rally.
I think its better to watch and see how it obeys this pattern and wait for either a break to the south. If the upper trend line breaks then this would potentially signal a change in from a bearish to bullish trend on a higher time frame.
For more information, please either follow me here on Trading view or sign up to my website which is due to be released soon: www.ejfxtrading.com
I think its better to watch and see how it obeys this pattern and wait for either a break to the south. If the upper trend line breaks then this would potentially signal a change in from a bearish to bullish trend on a higher time frame.
For more information, please either follow me here on Trading view or sign up to my website which is due to be released soon: www.ejfxtrading.com