Dollar is strong, AUD has been weak across other pairs. Long bullish run with no correction, and a lot of sideways movement.
I am still bullish overall but taken a small position Short to this low spike, which is in line with a support level way back.
There has been a break out of the descending wedge.
Overall I am happy that there are enough reasons to take this short-term short.
Let me know your thoughts.
I am still bullish overall but taken a small position Short to this low spike, which is in line with a support level way back.
There has been a break out of the descending wedge.
Overall I am happy that there are enough reasons to take this short-term short.
Let me know your thoughts.