AUDUSD is looking to retest the previous trendline + 200 MA, after completing its previous M formation as we predicted. Upon finding resistance at these levels, we expect price to bounce back towards support and then we await further breakouts for direction.
Short-term long to the previous trendline + 200 MA.
SL below local low.
Short-term long to the previous trendline + 200 MA.
SL below local low.
