AJ is looking similar to AU, bearish on all major higher time frames other than the daily.
We can see on the daily that price action has been bullish and is approaching a major weekly 61.8% fib level around 77.000
A nice retest of support would be ideal before targeting a true test of the 61.8%
We will then analyze once this zone has been tested and see if the daily trend will continue bullish or the overall higher time frame trend will take over
We can see on the daily that price action has been bullish and is approaching a major weekly 61.8% fib level around 77.000
A nice retest of support would be ideal before targeting a true test of the 61.8%
We will then analyze once this zone has been tested and see if the daily trend will continue bullish or the overall higher time frame trend will take over
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.