I am watching 7925 place for hints to brief
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I am long into just beneath this area.Originally Posted by ;
After which, I will probably brief.
This stup is still valid. As long as the price holds above 0.7730-50 place, AUD/USD is still bullish.Originally Posted by ;
It is just bullish until a massive short squeeze in EURAUD will make a dump. 0anda boys euraud exchange is so crowded, asking for trouble. ))) Stay safe.Originally Posted by ;
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Potential short opportunity between 50% - 61.8 percent (.7810 - 7890 area)
Cheers!
Happy Holidays!
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AUD and NZD broke through all resistance amounts straight forward so far.
AUD next resistance level are 0.7803 zone and the very powerful one at 0.7851 zone which should bounce to 0.7650 zone, but not reverse yet.
Then, the increase it is supposed to last from 0.7650 zone until 0.7940 zone and the bears will be totally in control.
I see the dip going until 0.74xx zone.
Good for your AUD NZD bulls today, really, but it seems it'll be better for your bears after that.
For the time being, it is on .78 zone, very powerful resistance area. It is likely to occur a speedy shot until 0.7850 zone, return to .7800 place after which 0.765x zone.
Only be prepared guys.
Time to go to sleep dollar. Starting a place here and will scale in. Rally dying upside capped @ 7820. Stops @ 7840. Goal is 7500.
Aussie had a wonderful run in December. New month new trend. DX hitting on strong supp here.