AUDUSD has a real chance of reversing. When big reversals occur, expect many false breakouts or retests of the main support. But even if we will have a rally in the coming weeks, this pair is going down.
I have made so many mistakes on this pair, latest was only 2 days ago. This trade here, is not a mistake, I'm pretty sure of that. In order for this trade to be profitable, taking profit must be very fast. On the longer term, AUDUSD is going down, during the coming weeks, well, I would not rule out a rally.
Expect 0.8660 and even 0.8600
I have made so many mistakes on this pair, latest was only 2 days ago. This trade here, is not a mistake, I'm pretty sure of that. In order for this trade to be profitable, taking profit must be very fast. On the longer term, AUDUSD is going down, during the coming weeks, well, I would not rule out a rally.
Expect 0.8660 and even 0.8600
