Seeing support lvl on the 12th with bulls taking control forcing price to break the Red Box price maybe heading for the Highs as noted before. Will let this pair run and keep monitoring for a clear direction. I think the ABCDE pattern is Invalid because of this push higher
Expecting some buying on this pair. The LOW are was not broken as yet. If we see price pushing lower (red arrow) we may see a break of the LOW area. Green box can be used as the buy area for higher price movement where the yellow area mayb our 1st pullback area before going higher. Note - World events have been affecting AUD any move is possible
Will the long term buying on AUDCHF begin soon. Monthly chart shows price at the lowest since 2015. Testing that area now. Lets see what AUD offers this year Note AUD Fundamentals
After last weeks selling our low target has still not been hit. Seeing the ABC pattern forming, then selling at Thurs Highs to close the week at the low of the pattern (red X) we anticapate the low to be taken before price reaches back those highs. Where price is now any move can play. The 2 red labels are marked as sell zones if we see price taking out Mondays...