Potential Retracement
It was a pretty good analysis; the previous analysis predicted the bottom (Click the chart below).
My chart shows that potentially AUD/USD will make a retracement to 38.20% to 50% Fibonacci retracement. This analysis is purely based on the technical analysis, without calculating the impact of Russia / Ukraine / NATO.
Invalidation:
- This analysis fails if the price breakout and close above the 0.755 price level
My chart shows that potentially AUD/USD will make a retracement to 38.20% to 50% Fibonacci retracement. This analysis is purely based on the technical analysis, without calculating the impact of Russia / Ukraine / NATO.
Invalidation:
- This analysis fails if the price breakout and close above the 0.755 price level
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