Hello traders, this is my analysis on AUDUSD. I am anticipating price to rise up. Price dropped down to retest the 0.786 on the fib tool and retested it from that area on the fib tool.
Also, looks like a curved double bottom on the 8 HR TF. I want price to retrace and retest the 0.618 area on the fib tool before climbing up.
If you agree with this chart, please give it a like and follow me for future posts.
Trade at your own risk…
Also, looks like a curved double bottom on the 8 HR TF. I want price to retrace and retest the 0.618 area on the fib tool before climbing up.
If you agree with this chart, please give it a like and follow me for future posts.
Trade at your own risk…