AUDUSD Prediction

11 בנוב׳ 2019

Consistent major drop in PIPS possibly influenced by the media/banking however they are consistent over short month-month spans. With little to short term resistance and some support there’s a noticeable downtrend in the market right now, however the last few recent months have been volatile allowing for some Swing traders to capitalize on. Potential for a reversal in the market and a possible take profit, stay close attention for which direction the price heads going into 2020. December always has a large effect on the market.