Disliked{quote} Basic chart reading is bollocks, everyone reads charts differently, you'll see in your charts what you want to see and form a bias. What I'm saying is all you can hope for is a short squeeze and a pop of 40+ pips, the general direction will remain south for months to come.Ignored
Given A/U is dominated by FED decisions (notwithstanding CPI data and RBA cut have been the largest two factors lately) a failure to raise rates at their June meeting would also see at least a sizeable bump in the road down.
Hope for the best, prepare for the worst.