Hello all my legendary traders,
It’s almost mid-week already. Let’s hit the charts and see what the market has for us.
1. AUD/USD
The AUD/USD is on another bearish rampage.
The second descending resistance trendline is at work.
If the daily candlestick closes this way, there is a huge possibility that price next move will be to support level 0.68625.
2. AUD/CAD
Price on the AUD/CAD just broke a key support level (0.91106).
The last time price tested this level was sometime in October 2018. This makes the current support level quite formidable.
If the daily candlestick closes this way, there is every tendency that price’s next possible support level would be 0.88423.
I wish you a pip-full day ahead
