FX:AUDUSD   Australian Dollar / U.S. Dollar
1
3 PRZ's for monday... Bit early to say anything If ABCD then look out for 50% near 0.8932 - 0.8940 to 0.9028 or if 0.9028 then short for next wave to 0.8850. Last week gave me a 7.7% return because of a nice predictable AUD and just simple structure based short entries. We still have our bull cypher on the daily chart but the lower timeframes gave me only short entries. Because price violated both the 78.6% and 88.6% entries a re-test of key level X of the cypher will probably be tested within the next 2 weeks most likely this very week. There is still ±70 pips left to X and about ±110 pips to 0.8850.

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