Bullish Indications
1. Series of Higher Highs and Lows
2. Significance Support Area at Entry Point
3. AUD Index is Bullish
4. USD Index is Bearish/Sideways
5. Volumes are increasing as the price is in the range
Bearish Indications
1. Break 0.236 Fib level support
2. Recently Formed Double Top which is a reversal pattern
3. Break Trend line support
1. Series of Higher Highs and Lows
2. Significance Support Area at Entry Point
3. AUD Index is Bullish
4. USD Index is Bearish/Sideways
5. Volumes are increasing as the price is in the range
Bearish Indications
1. Break 0.236 Fib level support
2. Recently Formed Double Top which is a reversal pattern
3. Break Trend line support