The Overall trend on AudUsd is weak and we may see more lower levels tested on this pair.
As seen on the chart, both the channel and resistance level collide around 0.7320/0.7350 levels. There is a failure breaking past this demand zone hence we are more shortist on this pair. Find better price if you are going to trade, else a destination to Australia will be Ideal now.
USDJPY is another pair that we are watching, bearish view remain intact with 113.15/113.20 resistance still not tested.
As seen on the chart, both the channel and resistance level collide around 0.7320/0.7350 levels. There is a failure breaking past this demand zone hence we are more shortist on this pair. Find better price if you are going to trade, else a destination to Australia will be Ideal now.
USDJPY is another pair that we are watching, bearish view remain intact with 113.15/113.20 resistance still not tested.