salsapete

AUDUSD Triangle Time Projections

FX:AUDUSD   Australian Dollar / U.S. Dollar
8

Aussie has been in a contracting triangle in 2017.

Waves A,B,C played out.

Estimates by fib expansion of the AC trendline to establish a time horizon for


D wave completion @ .7610 on 29th June 2017 (.382 fib)

E wave completion @ .7430 on 1st August 2017 (.681 fib )

From there the triangle to be broken with a measured move (AB vertical distance) from E termination to the projected price of US .8000. : )

Keep your eye on the prize !!!!!!!
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