By: Investija
Bulls did manage to gain enormous strength, however positive trend is not initiated yet. Despite the recent wide gap, short term selling opportunities are expected for now. It looks like, bears will have to cover the gap towards previous resistance at 1.3359. At the moment, look for selling options, but it should be done with a care.
AUD/USD- Bears Took Over The Control
Bears took over the control of current situation in their hands, bears are trying to drag the price back to support barrier at 0.9230. This is an important move, because below support barrier bulls side is in danger. Despite the last bearish slide downside, bulls are in safer area above support barrier. Waiting action remains for now.
