AUDUSD short to 1.7100?

14 באוק׳ 2020

Very similar situation to my previous post about NZDUSD. On higher timeframe we can see huge impulse to the downside. Potentially we have created a perfect zone (resistance zone) which you can see on the screenshot above. I just follow the nature of the market and from that perspective realise that now we are in Correction form. I put an alert as well so we gonna see how this will play out.