Tag: NZDUSD

AUDUSD – 1 Hour Chart The AUDUSD is in a retracement phase after the major swing higher. Price is currently consolidating and forming a tightening sideways consolidation pattern. If price breaks to the upside of this consolidation, this could possibly mark the end of the retracement and price may start a rally and …

AUDUSD – 1 Hour Chart The AUDUSD is in a retracement phase after the major swing higher. The recent bearish moving average cross could indicate that we may still move lower before attempting a move higher. Possible buying opportunities exist at the 50% fib retracement level (0.7350), this is also …