Re: Eur/aud
That chart S has been broken with a vengeance. The circa area of my downside target is what should provide the support for a huge reversal. So fay, I see no need to adjust my outlook.
That chart S has been broken with a vengeance. The circa area of my downside target is what should provide the support for a huge reversal. So fay, I see no need to adjust my outlook.
What we see happening here is this pair has reversed since the strong spike north. I featured this pair in my Weekly Forecast this past week. It should continue its southern journey to the chart S where the candles traveled east. I'm still expecting it to be broken, and then head to the MS2/WS1 cluster event, as per the Weekly Forecast. More and more, that area looks rock solid. That will probably be my trigger to go long
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