AUDUSD update
A month ago I wrote about my three scenario's for a bullish move 'towards what I determined to be fair value' @0.81. (see link below)
There are two scenario's left for trading purposes. We either see a triangle correction for wave 'B'. Or wave 'c' is already in place and price is expected to correct in a wave 2.
Short term I'm looking for a bearish move towards at least 0.76.
I will therefore be looking for another short trade in the beginning of the week.
Updates will follow.
There are two scenario's left for trading purposes. We either see a triangle correction for wave 'B'. Or wave 'c' is already in place and price is expected to correct in a wave 2.
Short term I'm looking for a bearish move towards at least 0.76.
I will therefore be looking for another short trade in the beginning of the week.
Updates will follow.
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