G'Day this is whats happening with AUDUSD right now. So take it and shove it up your bloomberg terminal ;)
We are going to lower and cross over the central fork line.
Then we are going to mess around in the lower green sector.
We will then move like a boring static snake slowly lower down into bottom purple fork territory.
Come and make some profit with me :)
A nice profitable LONG short term set of scalps now accomplished, it's time to start shorting the bitch.
End of the day with a daily range of nasty events and a growing instability for commerce, international relations, migration and future trade deals it's very simple to my eyes that we will be falling off further until we see some monster changes.
So in my humble opinion we have a clear head and shoulders pattern, along with Fib match up to coincide with the NFP report today.
Right now I am managing a good client out of an aweful hedge and so this is very crucial for me. The price simply must get up to the target sell level so that I can smash from the top and hit down to close out the bad side of the...