AUDUSD looking to continue its downtrend on the D1 after a slight retracement. Previous support was broken, showing more seller strength in the market. Fibonacci level currently at 23.6%, signifying more room to the upside for the retracement. Looking for more short opportunities as the market play out this week.
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.