AUD/USD had massive downtrend during whole 2018, however the powers of bulls and bears are equal right now, price created falling wedge, we have big support below us, so I think it´s just matter of time, before uptrend begin and we should go to the point of control at 0,77.
Also COT reports show us, that american dollar is very expensive, on the other hand australian dollar is cheap.
Also COT reports show us, that american dollar is very expensive, on the other hand australian dollar is cheap.
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Stop loss reached. However, we are still in very supportive area and trend should shift soon.