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AUDUSD has a downward trendline, the price is now far away from trendline and we may see a correction up to the trendline.
If the price bounces on trendline and doesn’t break above we may see more downward movements.
An update on the previous analysis, the usdchf made its correction at 38.2 and continues a big move down. Now we may see another correction around the 0.67755 level. If the price breaks above this level, we may see the price move higher.
An update on the previous analysis, USOIL breaks below the trend line and moves to 76.69. Buyers tried to control the price at this level, but without success, the price is now heading lower.
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