nikitafx

AUD/USD possible Major-H&S (Nikita FX )

FX:AUDUSD   Australian Dollar / U.S. Dollar
476 0 0
AUD/USD             is now making a Major-H&S right shoulder.
Its target will be 0.9850/60 area.
short-term wave B is coming soon. Then Final wave C leg up into H&S RS             .
I think the center-purple line (from 0.4822: 2001 Sep.) was cut into half of either way,
however it won't be able to recover upto the center-purple line this time due to a
strong resistance Wolfe line (red-line from 0.8214: 1996 Dec. ).
Therefore a long-term Major-H&S will be working later.

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