AUD/USD can't seem to break the current down trend
Having trouble breaking the downtrend ever since April 1st.
- Multiple attempts at breaking resistance line, but couldn't break (3 times)
- RSI and MACD on the daily shows reversal back down again.
If we get rejected again, I can see it heading to $0.67 first then as low as $0.61 area to hit the 0.786 fib zone.
What's your thoughts?
- Multiple attempts at breaking resistance line, but couldn't break (3 times)
- RSI and MACD on the daily shows reversal back down again.
If we get rejected again, I can see it heading to $0.67 first then as low as $0.61 area to hit the 0.786 fib zone.
What's your thoughts?