AUDUSD Structure based
Last week the AUD was nicely anticipated. It was also nice to see how my 2nd key level was almost spot on at 0.8990!
So the only one left before level X of the daily cypher pattern is my 3th key level of interest at 0.8925. Based on the Cypher pattern on the daily chart I am long orientated on the AUD and friday it has closed a second bullish day candle indicating a possible reversal. This week resistance level is at 0.9140. Today I'm looking at two reversal zones. between 0.9104 - 0.9115 for a short to 0.9045 and maybe towards to 0.8925 and a hop on trade based on the current short term up trend near 0.9045
So the only one left before level X of the daily cypher pattern is my 3th key level of interest at 0.8925. Based on the Cypher pattern on the daily chart I am long orientated on the AUD and friday it has closed a second bullish day candle indicating a possible reversal. This week resistance level is at 0.9140. Today I'm looking at two reversal zones. between 0.9104 - 0.9115 for a short to 0.9045 and maybe towards to 0.8925 and a hop on trade based on the current short term up trend near 0.9045
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