Aussie Tipping Over 2 the Downside

FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
346 4 23
  • watch for China Core CPI             this sunday. sell right away if bad.
  • China Trade Balance expectations number is Bad ; Tuesday
  • -Aud- unemployment expectations ticks UP by .1 ; Wed.
  • -Usd- Great expectations on Wed. Core retail sales , PPI & Retail Sales
  • possibly get out b4 Usd Core CPI             if technicals show so ; Thur.
  • China Gdp q/y expectations is expected to go down & there is good Industrial Production . Thur.
  • Slightly Good -Usd- Consuer Sentiment to end it off
Comment: Entered very conservative at .0755 until China CPI comes out.. will add more if it's bad
Comment: the force behind Aud & Nzd

FOMC Minuties & Yellen speech had a much better tone than the 2 previous statements. its been less dovish & they being cautious while believe the Us can use rate hikes ever so gradually. News this week is in favor of USD despite the tick down in Core CPI.
Comment: Dollar taking a tumble from gold 7 oil.. u can actually move ur cursor on the DXY & see the changes
Comment: news coming & triple top formed .. chart -->

Same idea! Your chart is lovely! Just plain simple perfect!! Hope this works out
bertlambrecht12 PRO bertlambrecht12
( Left shoulder is wrong in picture ;) )
D-Rod bertlambrecht12
im not talking about Head & Shoulders.. the left shoulder point shouldn't have a deformed little bump.. so H & S isn't valid here. im just talking about triple top.. its not a perfect 1 but its kinda close enough. im just throwing it out there.
Ow didn't notice i'm just a beginner thx 4 the advice though !!
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