AUDUSD signals - page 7
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Clear break of the support 1.0150 and triggered stop loss. Now it is going to fall down to 0.987!
The psychological resistance of 1.30 of EurAud might indicate a temporary pause in the decline of the Aussie. Last Friday, a hanging man alerted us about a possible stop in the rise.
Only the minutes of the RBA of May 21st will be able to reverse the trend, but according to Ichimoku this is a long term bearish signal.
Wave 3 is just started on AudUsd, the end of the bull market of the Aussie seems to be formalized.
Tomorrow: minute of the last Rba meeting: is a new rebound possibile for the Aussie??
A great opportunity is coming to go short on EurAud. Wolve waves completed at 1.3550.
On EurAud perfect symmetry between wave 1 (or A) and wave 3 (or C) exactly equal in amplitude. The oscillators recommend the opportunity to go long between 1:34 and 1:36.
End of the QE = fall of the commodity = end of the bull market of the Aussie.
Adx above 50 on AudUsd. From here we can start to build a bottom but as long as there are no differences between the Adx and the price, it’s better to stay outside of the market.
EurAud, 3 little Indians!!!