Hello Traders,
It is possible that current upward momentum and poor economic numbers out of the US this week will carry the AUDUSD past the 2020 high. I expect price to break the .7000 range prior to making any significant draw-backs. Price has blown by Bearish Divergence set-ups multiple times in the past days and I expect this trend to continue until the .7000 range is reached.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
It is possible that current upward momentum and poor economic numbers out of the US this week will carry the AUDUSD past the 2020 high. I expect price to break the .7000 range prior to making any significant draw-backs. Price has blown by Bearish Divergence set-ups multiple times in the past days and I expect this trend to continue until the .7000 range is reached.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*