So the EURAUD made us wait a little while for it, but we finally have a break and close above the neck line of our head & shoulders pattern. In my opinion I think that IF we end up getting another extension THEN we can potentially see moves to 1.4865's (where we have both a fibonacci extension and ab=cd pattern lining up) and then to 1.50's
Totally agree Akil. I think 1.4710-1.4716 would be great entry zone. Unfortunately the AUD interest rate decision while I'm sleeping prevents me from getting involved.
Akil_Stokes
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@Hamrall, The market often offers different opportunities so maybe you'll get a reason to get involved down the road