Hello Traders,
Looking at the market, I see a lot of indecision of price. That said, I am currently looking at one setup.
Let’s hit the charts…
1. AUD/USD
A breakout of price on the AUD/USD excited most buyers today, only to leave us deflated after a doji appeared.
This indecision between the buyers and sellers only means one thing:
Both are warming up for round two.
I am of the opinion that the Bulls may drive price to the next possible resistance level (0.70228), but who knows, we could also see the Bears pulling price down below support level 0.68301
That’s all for today folks, I wish you a great day ahead.
