AUDUSD Yearly Outlook

2019년 1월 20일Yearly Outlook

• We witnessed 2018's candle engulf 2017's to continue the decade's bearish momentum.
  
• Rejecting key yearly levels of resistance (0.8000)
  
• Broke and retested the macro trend line, which acted as resistance.
  
• 2018's bearish engulfing candle closed at yearly support levels showing strong signs for sellers. A break of this very strong support (liquidity) zone is likely.