FX:AUDUSD Australian Dollar/U.S. Dollar
Just 1:1 but I expect the September highs to be reached again.
Yes, possibly; at one of your sliding parallels. I have just added even higher. AUD and NZD are the strongest currencies according to my model, so I'm all bulls in this market and the lower highs don't bother me much. We've just had a correction here, and almost every correction makes lower highs - they're to be taken out - that's what the impulse moves are for.
Thank you, yes, I decided to refresh my image. :-) As for the grinding, I have seen such price action in Aussie markets fooling you into going short. I agree: it looks like an imminent collapse, heavy as a stormy cloud. And sure enough it can resolve either way. But personally I'm not giving up on this one, not before it hits 0.95150.