1. Broad Based trading Range Broken To The North 2. 0.8000 Psychological Level Playing A Ceiling To Price = Minor Triangle, Much Pronounced on 4H 3. A Convincing BO Above 0.8000 takes Us To A Measured Move Target At 0.82950 4. Waiting For More Data........... 5. Sitting On My Hands For Now.
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moorekapital
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Should 0.8000 Resist Strongly.....We Are Likely To See AUDUSD Back Down To Base Of Broad Rectangle And A Possible BO South