Bullflag extension follow through, aus govmnt much more useful onna global scale than previous 10years, nxt gen mining boom still to be a thing// repopulation post climate events should see a resurgence
The market has completed five Elliott waves as of 0.6290. If it can obey Elliott wave principle, then we can expect to have a three waves corrective pattern, before continues with its uptrend.
Lets keep any eye on the pair, Good luck!
As of Elliott Wave Analysis, i can clearly see that AUDEUR has completed its 3rd Wave (Impulse) and Enters into 4th Wave (Correction wave), for the next week, towards 23.8% of Wave 3, and then the uptrend will continue toward completing the 5th waves structure. lets not jump into trade unless we have a confirmed entry and exists of a trade. Good luck!
This is a Australian Dollar index I created. I use these to help gage currency strength when looking for a pair to trade.
"Don’t blindly follow someone, follow the market and try to hear what it is telling you." - Jaymin Shah
This chart measures the average strength of the Australian dollar against the USD, GBP, JPY and EUR. After gaining significantly since November 2020, the Australian currency has been trading sideways against its major partners since the start of the month. Australia has benefited from a number of fundamental factors including a strong rebound from Covid, rising...