hopscotch

March Australian Dollar got closer to Elliot Wave 4

Short
CME:A6H2017   None
March Australian Dollar very close to the pull back Elliot Wave position 4. Possible short action between here .7281 and .7295. If Australian dollar overcomes this to 50-61.8% retracement, Elliot Wave less likely to kick in. USD fell today but kept within consolidation. This should be kept under consideration.

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.