AUD/USD edged higher to 0.7339 last week but retreated since then. Initial bias stays neutral this week for some more consolidations first. At this point, we’re favoring the bullish case that consolidation pattern from 0.7413 has completed with three waves to 0.6991. On the upside, break of 0.7339 will target at test on 0.7413 high
The post AUD/USD Weekly Outlook appeared first on Action Forex.
AUD/USD edged higher to 0.7339 last week but retreated since then. Initial bias stays neutral this week for some more consolidations first. At this point, we’re favoring the bullish case that consolidation pattern from 0.7413 has completed with three waves to 0.6991. On the upside, break of 0.7339 will target at test on 0.7413 high […]
The post AUD/USD Weekly Outlook appeared first on Action Forex.