EuroMotif

AUD.USD near term UPDATE: one last leg down ? bounce after?

EuroMotif Mod 已更新   
FX:AUDUSD   澳元/美元
Part of my ongoing Trading analysis, following up on this Bigger Plan (click).

AU was tap dancing on a support ledge, and looks to be slipping off.
My anticipated target is not that far away, but that is a conservative.
After sitting on that ledge and slipping off already, lower seems likely.

We should be getting close to end of a wave.
A retrace upwards may be around the corner.
I will not be longing, but may wind up my shorts.
评论:
Target hit and is trying to bounce a bit which is quite expectable.
评论:
Getting a bit of a bounce as expected lets see if it can clear immediate resistance (looks like it can).

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评论:
Was just reminded that RBA rate news is up in a couple minutes this would be the perfect spot/time to start a serious AU bounce if desired by the RBA

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