This is my AUDUSD prediction.

Market is currently in a downtrend. Fell in an important level of support

Created a nice lower low with an bullish engulfing bar.

If we put up a Fibbonaci retracement, we can see that the 0.618 Fib level is nice around a little level of structure plus approaches the downtrend nicely.

Let's see!
audAUDUSDaudusdlongaudusdlongsetupChart PatternsTechnical IndicatorsTrend AnalysisUSD

Penafian