Predictive Analytics of the AUDUSD D

26 mar 2019So, a lot to consider, but one thing seems likely- a strong move in a relatively short amount of time. There seems to be demand pushing this pair right into a high-pressure zone. I'm bullish for a few reasons, one is that it is sitting near long-term lows, two is that is has some attractive areas of potential support within range, and three the flat bottom of the consolidation (I don't have stats) seems to repel impending breaks. I am expecting a thrust out of the descending channel and have confidence it will get to the second target. The third target is my long-shot, but I put it there because i feel it has a pretty good chance of hitting. Definitely going to watch what happens around the first two targets before I'm fulling behind a potential move to the third.

27 mar 2019

Komentarz

Doesn't look like the intrabank fight is over yet