AUDUSD nowhere to goAUDUSD caught between technicals. Down between 5.0 and 61.8 fibonacci levels, with oversold on h4 but divergences on tops.
FX:AUDUSD
Excessive
Go Long on XAU/USDThe break of bullish pennant brings gold on the higher price level and creates new potential strong resistance. The price will likely retrace on 1.618 of XA as it forms crab harmonic pattern. The target of harmonic pattern conjuncts with pennant target, and finally will complete rising wedge pattern. The current state is on excessive phase, the price was going up and down, the trendline start to push more shallow as its below 45 degrees.
