AUDUSD - LIve Update - as we bounce of trendline
My bias since 2 wks ago for the Aussie is still towards the around the 0.92-0.93, therefore I am looking for clues if there is a continuation of an uptrend or if I am wrong.
- Bounced of the broken descending trend line, which could provide support and bounce?
- However I am more happy if prices retraced 20pips lower around the 0.9050 / 50% fib from yesterdays swing low to high
I have a small long position
Cheers
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