Price action stuck in a supply zone, which also corresponds Fib. high to low retracement. A break and close would signal a move to the 200-four hour EMA with a second target at .89.
If Aussie-dollar trades below, price action will likely trend to .8770, which is were price action support and moving average support meet.
Non-directional bias, would trade in either signal.
If Aussie-dollar trades below, price action will likely trend to .8770, which is were price action support and moving average support meet.
Non-directional bias, would trade in either signal.
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