We can see AudUsd is in consolidation on the Weekly timeframe with nearest consolidation ceiling at 0.8050 on the long term. However short term, we see price is arriving at it's nearest resistance. I am looking for any sell signal (chart pattern), possibly trying to make a correction before going up higher to the weekly consolidation ceiling.
This is a call to monitor the pair in this zone. No clear sell signal given yet. Long term, I am seeing the price going for 0.8050.
This is a call to monitor the pair in this zone. No clear sell signal given yet. Long term, I am seeing the price going for 0.8050.