Situation with AUD looks little better. On weekly AUDLFX it's consolidation starting with bearish hanging man and we will see tomorrow what will happen with this week's candle. But we see that bears has managed to create new low.
On daily we see that price has managed to create two lower lows and one lower high, so it all depends on where the price will go from where it is now - trendline and 78.6 fib retracement level. If it goes down, there is still hope for my AUDUSD trade.
But it may also failed to create new lower low and join USD, GBP and EUR camp. So be careful.
On daily we see that price has managed to create two lower lows and one lower high, so it all depends on where the price will go from where it is now - trendline and 78.6 fib retracement level. If it goes down, there is still hope for my AUDUSD trade.
But it may also failed to create new lower low and join USD, GBP and EUR camp. So be careful.