AUDUSD IS Approaching 0.5 fib. on daily tf, inside the current W unfolding outlook There might be a fake out at 0.700-0.7030 region. which could pull back down to 0.6960 - 0.6970 region on a 4hr tf pull back. No matter what, I am not coming in bullish until I see a retracement on the 4hr tf well broken clear. and ride up towards 0.7200-0.7250. A break of the counter trend line downwards cleared at 0.6950 means we target south around 0.6890-0.6900. Break below this, next level target 0.6700
I know, I have a messy chart. Left them there to remind me something of those areas. Analysis is like an on-going work of art.
I know, I have a messy chart. Left them there to remind me something of those areas. Analysis is like an on-going work of art.