I've been watching the AUDUSD pair for quite a while now as I attempt to lock in on its price structure and most probable outcomes. AUD should dominate USD for the forseeable future, however, we will look for new buyers near 0.653 soon. Maybe another rally initiates at the top of the year.
Note
The Aussie was looking bossy for a minute. May need more buyers, lower. If the drop comes in a capitulatory, instant sorta move, it'll probably jump like a bullet out of a gun.
Decode the wave, anticipate the move. elliottwavescience.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Decode the wave, anticipate the move. elliottwavescience.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.