AUD/USD - Market Update - Price expected to reach 0.80000
AUD/USD - Market Update - Price expected to reach 0.80000
Last week we noticed that price had a 23.60% Minor Fibonacci Rejection (despite it not hitting it to the PIP, I consider that a rejection). We are projecting price to reach 0.8000. If price does reach that area, we may be entering a -Critical Zone-.
If we manage to see any strong -bearish- candle close around 0.8000 we could place a potential CTT (Counter-Trend-Trade) and ride it down to 0.7750. If we have confirmation.
Last week we noticed that price had a 23.60% Minor Fibonacci Rejection (despite it not hitting it to the PIP, I consider that a rejection). We are projecting price to reach 0.8000. If price does reach that area, we may be entering a -Critical Zone-.
If we manage to see any strong -bearish- candle close around 0.8000 we could place a potential CTT (Counter-Trend-Trade) and ride it down to 0.7750. If we have confirmation.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.