DislikedSo far it has been a very unconvincing "sell off" or consolidation. Whichever term you prefer go ahead and use.
I won't be surprised one bit to see the bulls step in at any moment and take it up to daily highs...
AUD/USD is over sold on M15, M30, and H1. Could be a good buy scalp opportunity if/when price hits Daily S1...
**Bears Beware**Ignored
1.0415 area still shows some resistance, slight push above the wick will send buy stops position higher, a break above 1.0441 area is likely to send price action into the next range of 1.0441-1.0515, where bull will show domination.
meanwhile, still shows range from 1.0395-1.0370/50.