First, It is building a impulse and the ABC wave 2 is not finished. The target for this is too big could get from 1.0307 to 1.0258 after to go higher.
The other possibility is that this is just a correction from 1.0625 move and this is ending in a wedge. If the wedge plays the market should go just down.
So keep an eye how the market moves and in this views to make a decision trade.
AUD/USD 5MIN CHART |
Nice place to sell aussie dollar at 1.0373.
ResponderEliminarBetter short aussie at 1.0378 :)
ResponderEliminar