AUDUSD FUTURE PROJECTION AUDUSD was quite interesting- I did expect it to buy due to the bullish week it has had, however in hindsight, seeing how both GU and EU moved this week, I can see why it too wasn’t bullish. With that being said, I’m expecting a further break downwards. Once it does, I expect it to pull back once more to complete the sell and take out the most recent weekly low.
Another interesting point to note is that there was a further lower price level (Weekly) which wasn’t as recent as the aforementioned price point. Price CAN seek that low - that’s something to also look out for.
N.B.: This is not financial advice. Trade safely and with caution.