AUDUSD is meeting with the middle band on weekly chart. On daily chart, a very possible CYPHER C might start soon. And this pattern could send AUDUSD down to D position for 700 pips maximum.
@myonline019, hmm, we have a signal to buy AUDUSD instead of selling it because we found bull signal on daily and 4h chart later and could not find out a reason to sell on those timeframe charts.
TruKING852
⋅
i have a question. When we reached the next high (wherever the top will be)... are you still confident that AUD could break below 0.6 when SPX starts to correct in a big way?
FUNTRADER-Vera
⋅
@howard1127, Not really, but we just say that is a possibility if a confirming signal appeared on lower timeframe chart which did not happened last week.