We've got 2 possibilities right now :
either AUD/USD is going to break the VWAP and decreasing or it 's going to pull back which means that there's a correction currently.
The volumes are particularly lows which indicates the sellers are there but lack of strength.
A confirmation from the market is needed to that point to sell or to buy with confidence.
There's no strong signal yet to do it.
either AUD/USD is going to break the VWAP and decreasing or it 's going to pull back which means that there's a correction currently.
The volumes are particularly lows which indicates the sellers are there but lack of strength.
A confirmation from the market is needed to that point to sell or to buy with confidence.
There's no strong signal yet to do it.