We can see clearly last month fall right now AUDUSD trading on corrective structure for short term and continue another leg downside. Today Aussie session gave some surge in aussie and also other currencies against green backs. I am looking for this is the short term surge, High probability reversal possible on hourly chart.
Hi Every one,
As i mentioned 15 days before there is selling opportunity @ 10150 level on nifty and the target around AUG low. Nifty todays close near to AUG low only few points left. Here i comes to ABC pattern going to be complete @ 9610 level. There is huge buying opportunity on NIFTY @ 9610 level.
After fomc and German election Eur usd now settling now on short term support @ 1.1770 level. I am looking for further downside to 1.17 psychological level, but very short term we can expect some sideways movement. Next month we can get some bottoming on this pair and further medium term up trend will continue.
Eurusd currently trading on complex corrective pattern in medium term. Short term we can clearly see on the chart picture perfect text book corrective pattern is forming. Stay short or Enter fresh Sell order @ 1.2013.