It could be a severely deformed bat: In the current economic climate, I can’t see the RBA standing by and allowing it to run to those sorts of levels as depicted in the chart. But good luck anyhow.
AUDNZD
Planning to long at psychological round number support of 1.1000
SL 1.0950
In that case, you might like this video. The relevant section starts at 4:57.
My mistake is I should have waited for the bounce up to 1.11 or 1.12 before going short. Now I’m probably going to be stopped out :34:
I can see an excellent entrance to the aud/usd market after reaching the 0.7205 level. The price will go up.
AUDUSD Butterfly Pattern Completion 200SMA Short
- 200sma in zone
- Butterfly Pattern Completion
- ABCD Pattern Completion
- Previous Supply Area in zone
I can see an excellent entrance to the AUDUSD market after reaching the 0.727125 level. The price will go up.
As the price has reached the level of resistance, I think that now it will go down and will pass the 0.71615 mark.
Here is my view on AUD USD:
If price breaks the current resistance 0.72738 then it is free to hit 0.74616
I can see an excellent entrance to the AUD/USD market after reaching the 0.71100 level. The price will go down.