The AUDUSD seems to form a double head to go down. But my calculation shows it's a fake head.
The price will break the head area of 0.7692, or at least make the trible head before going down. And today has no important new (of AUD) to release. Maybe waiting news for the last rise. who know, we will see.
For now, President Draghi speaks.
This bouncing uptrend will be for a while in the future. We don't expect sharp rise unless it has forming the top. IF the trend has been broken, be aware of the sharp drop!
The price will break the head area of 0.7692, or at least make the trible head before going down. And today has no important new (of AUD) to release. Maybe waiting news for the last rise. who know, we will see.
For now, President Draghi speaks.
This bouncing uptrend will be for a while in the future. We don't expect sharp rise unless it has forming the top. IF the trend has been broken, be aware of the sharp drop!