This my own view on AUDUSD, earlier price has done its first extension from 0.6248 to 0.6343. and dropped back down
our major area of support here is 0.6248 and price is currently trading above it, if this continues i will be looking for Buying opportunities at this region back up to 0.6343
then on getting to the resistance which is 0.6343 the reaction there will determine if the trend will continue upwards to 0.6430
the last scenario here is if the current support fails to hold expect further drop downwards
our major area of support here is 0.6248 and price is currently trading above it, if this continues i will be looking for Buying opportunities at this region back up to 0.6343
then on getting to the resistance which is 0.6343 the reaction there will determine if the trend will continue upwards to 0.6430
the last scenario here is if the current support fails to hold expect further drop downwards