Is this a bottom for AUDUSD?

6일 전

It's been a fantastic move lower, but is 0.6400 a spot for a reversal?

Nothing fundamental is serving as a catalyst for moving the pair in any direction for the rest of the year.

Trend: LSMA moving lower since 10/21/24

Momentum: Bearish

Japanese Candles: Inverted Hammer (imperfect) printed last week. Is this the bottom?

Chart Pattern: None

Support and Resistance: 0.6400 is Support, 0.6750 is a Bullish Target, 0.6200 is a Bearish Target

Fundamentals: No news this week or next

Trade: None

Stop: None