Registration fee is N10,000.
Call John Paul today to register.
Join Newsbeatportal school of Poolology.
On Tuesday we looked at how the AUDUSD was in the process of closing below the key 0.7380 handle.
This area dates back to late 2015 and is also the 61.8% Fibonacci retracement from the December 2016 swing low to the current 2017 high.
The pair went on to close the day below 0.7380 and spent the next 48 hours trading below the new resistance level.
However, today’s CPI and retail sales figures out of the U.S. launched the AUDUSD higher, albeit temporarily.
The Australian dollar has been under pressure since the March 21st bearish engulfing candle. The reversal candle formed after the pair retested trend line resistance from the 2016 high.
All of this matters because it points to momentum, which is still bearish despite today’s intraday rally. The key, however, is where today’s session closes at 5 pm EST.
Source: Daily Price Action
Registration fee is N10,000
Call John Paul today to register and join
Newsbeatportal school of Poolology
We hope you enjoyed reading the above post. How about helping us share the information to your fans and friends on social media? Meanwhile: you can rely on us daily for the latest and relevant free weekly Pool draws, latest pool bankers for the weekend.
40cbm LPG Tank for sale contact 08066633677
Do you need a classical ORGANIST or an excellent music teacher? CALL Fabian on 08033983034 or email him at email@example.com
Follow us on twitter @newsbeatportal
Engage #SantexTech today to build & install inverters, training on inverters & other electronic designs, projects/kits. Call 08039574535