AUDUSD bearish for February towards 0.7550
After establishing a month-long range in January and breaking two long-lasting trendlines at the end off the month I would expect yet another retest of the break points and of the POC of the January range before turning to the downside to the 0.7570 - 07540 area, level of the mid-December breakout and an area of some interest on the profile.
In the immediate term, beginning of Feb, you could play a long towards the mentioned POC retest.
In the immediate term, beginning of Feb, you could play a long towards the mentioned POC retest.
PolloLoco Trader
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