AUD/USD bulls losing drive

2020년 8월 17일

As AU bulls are unable to create new highs since DXY monthly support is holding with each minor retrace the next step is for AU to create a monthly HL to support for another rally to resistance. The major uptrend is up but monthly pivots are hundreds of pips. as close to the base of the triangle for a short is ideal as the SL will be the closest.