For de AUDUSD we can espect some good long moves.
On AUDUSD 4H tf we can see that the price broke a strong downtrend and it's making a reverse move to complete de retest on that trend for possible long move.
We can see also that this break and retest beats a good Supp/Resist lvl that helps to identify the possible retest position.
We can see also that this break and retest marks the place of 0.618FIB line and another confirmation to help seeing the price going LONG.
Best Regards
José Pêssego
On AUDUSD 4H tf we can see that the price broke a strong downtrend and it's making a reverse move to complete de retest on that trend for possible long move.
We can see also that this break and retest beats a good Supp/Resist lvl that helps to identify the possible retest position.
We can see also that this break and retest marks the place of 0.618FIB line and another confirmation to help seeing the price going LONG.
Best Regards
José Pêssego
