Since April 2018 the Aussie has been contained to the upside by the 200 MAV.
As price approaches this dynamic resistance considering a short
1. Short - around .6950.
2. Stop - above Monthly R1 around .7010
3. Target - prior low .6880
RR = 4.5......
As price approaches this dynamic resistance considering a short
1. Short - around .6950.
2. Stop - above Monthly R1 around .7010
3. Target - prior low .6880
RR = 4.5......