I'm expecting further strength for the Aussie this week, and weakness from the Yen against it, so I'm looking for a long.
We may fall-back to the 38.2 fib but then I think we'll see a strong move upwards, breaking out of the bull flag.
We've seen this retracement as the pair became over-bought, but we now seem clear for a continuation upwards.
I'm keeping a close eye here for signals and confirmation using LTF's.
We may fall-back to the 38.2 fib but then I think we'll see a strong move upwards, breaking out of the bull flag.
We've seen this retracement as the pair became over-bought, but we now seem clear for a continuation upwards.
I'm keeping a close eye here for signals and confirmation using LTF's.
Nota
Breakout and retest of bullflag, expecting price to reach 97.5
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.