The Aussie had yet another bearish week after a failed attempted to go bullish, price was quickly rejected at about its Resistance on Friday, leadin to the formation of a Pin Bar off that resistance on the weekly chart of the pair. The trend and bias on this pair therfore, remains bearish, as prices are expected to aim towards the next demand zone at about 0.8470.
Subscribe to my Trade Room or my Mentor Programme or my Price Action Course to experience the simplicity of trading Price Action with me.
No comments:
Post a Comment