Price made a higher low during (exhaustion period), now trying to break through a supply zone & visit a recent high first, then a new higher highs should be formed.. Price making higher highs & higher lows after breakout of its downtrend line last week. Keep in mind Aussie has a meeting shortly & they will be discussing interest rates. Negative outlook on that could send this pair flying higher. Lets see how it plays out!! :)
Komen:
seems like Aussie is weak, price breaking out of supply zone
Komen:
Komen:
70 pips already! :D
Komen:
150 pips now, good sign price broke previous high & retested. We should see New higher high shortly :)
Komen:
1.70700 acting as a possible supply zone, closed with 185 pips
Komen:
done & dusted..