CADCHF completed a 5-wave count from the low at 0.72240 to the high at 0.78650. A 5-0 pattern is expected to form the A and B retracement for the corrective wave. Price expected to fall to 0.76500 - 0.75700 region.
CADCHF completed a 5-wave count from the low at 0.72240 to the high at 0.78650. A 5-0 pattern is expected to form the A and B retracement for the corrective wave. Price expected to fall to 0.76500 - 0.75700 region.
AUDUSD made a clear bearish impulse wave on D1 time frame which wave 5 happens to be extended. Wave 5 extention is 161.8 of Wave 1 to Wave 3. This also coincide with the completed shark pattern region and also supported by a trendline on daily time frame. Price is expected to rise towards 0.78000