aa3381

aa3381

1. I have PB in the direction of the trend on Daily chart. 2. PB rejected 21 EMA. 3. Closed above event area of 1.63851. 4. Next resistance is 1.68000, there is my TP, 300 pips or 1/3 RR. 5. The pair is broke out of range after 1.63851. 6. I have 5 edges so also 51% chance. We will see.

aa3381

Weekly Pin Bar at resistance area, showing rejection of higher prices. If FOMC will taper as expected it can ralliy the USD, pushing AUD towards old support at 0.87900.