AUDUSD: Potential sharp fall toward 0.637 and 0.6
AUDUSD is heading toward key levels at 0.637 and 0.6
Price action and recent patterns indicate that it is unlikely to see significant upside moves over next couple of days. It seems AUDUSD is ready to fall sharply toward 0.6
As long as AUDUSD trades below 0.65/0.655 zone, bearish bias continues.
Bullish signal = if price trades above 0.65 and 0.655
Short-term resistances =0.646/0.65
Short-term support=0.637
Price action and recent patterns indicate that it is unlikely to see significant upside moves over next couple of days. It seems AUDUSD is ready to fall sharply toward 0.6
As long as AUDUSD trades below 0.65/0.655 zone, bearish bias continues.
Bullish signal = if price trades above 0.65 and 0.655
Short-term resistances =0.646/0.65
Short-term support=0.637