Current situation:
- Price is in a long-term symmetrical triangle
- Price is testing the lower trendline of the triangle
Looking ahead:
- Price will bounce off support and move higher
- Price has tested this trendline multiple times demonstrating strength
Notes:
- Aussie employment numbers release on Wednesday. The forecast and results have been volatile.
- Price is in a long-term symmetrical triangle
- Price is testing the lower trendline of the triangle
Looking ahead:
- Price will bounce off support and move higher
- Price has tested this trendline multiple times demonstrating strength
Notes:
- Aussie employment numbers release on Wednesday. The forecast and results have been volatile.
For more analysis, signals, education, and more sign up for Forex Forecast. It's free.
positionforex.my.canva.site/bio-link-site
positionforex.my.canva.site/bio-link-site
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.
For more analysis, signals, education, and more sign up for Forex Forecast. It's free.
positionforex.my.canva.site/bio-link-site
positionforex.my.canva.site/bio-link-site
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.