Crude is favored ended correcting the cycle up from the 12/24/2018 lows where the daily is turning up. The 4 & 1 hour are turning up against the 49.37 lows. While above there expect a turn higher...
Crude is favored ended correcting the cycle up from the 12/24/2018 lows where the daily is turning up. The 4 & 1 hour are turning up against the 49.37 lows. While above there expect a turn higher...
With the coronavirus outbreak in China ongoing, highly cyclical currencies with strong ties to Chinese growth have been hit hard. And this is the case for the Australian dollar. The AUDUSD fell by around 3% earlier this week...
Pivot (invalidation): 13575.00 Our preference Short positions below 13575.00 with targets at 13340.00 & 13270.00 in extension. Alternative scenario...