April 8th AUDUSD
April 8th AUDUSD On Weekly we see this is Bullish overall with the current price close to the Supporting Trendline (Purple). We are sitting on the 85 EMA (Green) roughly and should start pushing towards the 200 EMA (Black) and further over the coming Weeks. Buying can start on this soon when it's tested the support. RISKY BUSINESS This is showing a Bearish movement on Daily, but the question is has it finished yet? Last Daily pin suggest it will break this major support and continue down. Push could go to the Weekly Trendline (Purple) or even to the minor Support line. Bollinger Band seem to agree. Fibbs (not shown) show we are currently in the 61.8 area, so it could go either way. This is risky as it's very close to it's natural bottom and maybe happy to turn around right away.