The correction pattern EA
formed makes me think it will come down some. But don't overload with too much AUD. Aud pairs will move tonight is why I am looking at them. I see too possible scenarios for EA
, while 3 actually. I drew that squiggly line as a possibility. It is possible EA
just spikes down to low (23%) and continues upward, but it looks like it needs to come down some to me. Maybe that 38% line I am already in enough AUD and I am only looking at possibly scalping that scenario I drew up. It just counts out like it needs to break the low and looks to be making a flag which I would think will become bigger (doesn't HAVE to), but might be in the form of a news wick. It is possible that it comes down a lot, but wave and fib wise... eh...