I reckon it will fall to retest the 38.20% Fibonacci retracement
Catalyst: Price action, RBA, US Jobless claims and coronavirus
PS: This trade fails if it can breakout and close above the "blue" TL
Catalyst: Price action, RBA, US Jobless claims and coronavirus
PS: This trade fails if it can breakout and close above the "blue" TL
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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.