Current situation:
- Price is at minor resistance with more resistance above
- Price is in a long-term downtrend
Looking ahead:
- Waiting for the price to break down from the 76.25 area and move lower
- Price has tested support at 74.75 three times. A break would be significant.
Notes:
- Aussie employment numbers release on Wednesday. The forecast and results have been volatile.
- Price is at minor resistance with more resistance above
- Price is in a long-term downtrend
Looking ahead:
- Waiting for the price to break down from the 76.25 area and move lower
- Price has tested support at 74.75 three times. A break would be significant.
Notes:
- Aussie employment numbers release on Wednesday. The forecast and results have been volatile.
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positionforex.my.canva.site/bio-link-site
positionforex.my.canva.site/bio-link-site
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
For more analysis, signals, education, and more sign up for Forex Forecast. It's free.
positionforex.my.canva.site/bio-link-site
positionforex.my.canva.site/bio-link-site
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.