FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD this pair now is so irrational and manipulated at the moment like the stock market,because aussie is almost 100% correlated right now with the stock market and after stock market is going to go for another leg down this pair will go with it,also RSI is confirming that to me, the pair started to make weaker and weaker impulsive moves to the upside so soon it will stop and reverse and go for a correction.

Comments

Nice man. But what if will break up above 0.57. That would be a shock right?
+1 Reply
@vashdao, I really think is very unlikely
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vashdao CryptonikLion
@CryptonikLion, Yeah I guess you're right CryptonikLion. But it could find support at 0.64ish, go up a bit and then start the trend slowly down.
+1 Reply
@vashdao, No i think that will eventually break 0.64,because the RSI is showing a reversal divergence and we need to test some fib levels after we break the wedge
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vashdao CryptonikLion
@CryptonikLion, Ahhh I get it now. Thanks!
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Anistor420 vashdao
How are we looking guys think it’s gunna break 0.57?
+1 Reply
CryptonikLion Anistor420
@Anistor420, he means 0.67 to the upside
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vashdao Anistor420
@Anistor420, Yeah sorry my bad. I meant 0.67. Typo :/
+1 Reply
@vashdao, I knew what you wanted to say :)
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