Categorized | Technical Studies

Aussie revisits high

Aussie revisits high

This level is the high of the October rally. For now, the hour candles show tentativeness although conclusions can only be drawn when the daily chart give us a significant candle signal.

October high: .9326

Level reached today: .9343

Exceeded by: 0.16%

Traders might be on the lookout for a bull trap as a trigger.

Aussie revisit high

Aussie revisit highTentativeness

Tentativeness

Tentativeness

This post was written by:

Soh Tiong Hum 苏终涵 - who has written 226 posts on Singapore Forex And Stock Course – TerraSeeds Forex and Stock Trading Blog where you can find trading ideas and lessons.

Forex Trainer and Director. "Price Action is equal to [1] Price Levels [2] Market Action [3] Market Sentiment [4] Confirmation."

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