SteynTrade

AUDUSD remains in the cloud

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
I have refined my Wyckoff evaluation from the previous posts on the charts. The Chikou Span has also now entered the cloud. I expect it to be contained by the cloud even after the price has existed. The price has met resistance at the Yearly PP and a potential Gartley pattern is forming. So in July I am expecting the price to trade down towards the 0.7 level after which the third wave and main mark up could begin.

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