Expecting the recent retracement to continue at least to 0.586 support, just crossing the mid point of my descending channel.
Overall I'm still bearish on this pair (just), I am expecting the reversal at some point soon, either from here, or around the ATL marked on the chart.
I see AUD gaining in strength as China wakes up. There's a big interest rate decision this Thursday from the SNB which will be big news I feel.
I see this as a great pair to trade once a reversal is confirmed, there's a long way to go up!!
Overall I'm still bearish on this pair (just), I am expecting the reversal at some point soon, either from here, or around the ATL marked on the chart.
I see AUD gaining in strength as China wakes up. There's a big interest rate decision this Thursday from the SNB which will be big news I feel.
I see this as a great pair to trade once a reversal is confirmed, there's a long way to go up!!
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