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KarYong
Feb 22, 2015 10:14 AM

AUDUSD: Price in structure zone 

Australian Dollar/U.S. DollarFXCM

Description

The Gartley pattern as analysed previously is still valid. However, should the 0.7850 - 0.7875 structural level holds, we might see price falling towards 0.7755 - 0.7725 before hitting the PRZ of this pattern.

No matter which setups you are looking at, we are still overall bearish on this pair.

I would love to hear your opinion, feel free to comment, agree or disagree.

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KY
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