AU has been consolidating at the major 78% fibonacci retracement. If it breaks out of here, it may be turning. It is at a point that it can. Oil news in a half hour. Aud news later tonight, so a lot of eyes on it. But definitely a pair to watch. It should correct this downward chop at some point. Looks like it may be getting ready to do that.
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.