AU200 has reached .382 from th large swing.
It looks oversold and has also reached a 1.272 ext and a 2 from previous swings.
The target would be the .382 of the last swing lower.
We can look for some buying that may be the beginning of a short reversal. There's not enough buying just yet but we should keep an eye on this.....
It looks oversold and has also reached a 1.272 ext and a 2 from previous swings.
The target would be the .382 of the last swing lower.
We can look for some buying that may be the beginning of a short reversal. There's not enough buying just yet but we should keep an eye on this.....