AUDUSD - The Power of Confluences
Next week, we will be looking for short opportunities on the Aussie around the 0.7600 area.
Few confluences:
1) We have a WXY structure based on Elliott Wave analysis
2) We have a Gartley and Butterfly pattern completing around that area
3) We have a psychological number of 0.7600
4) We have RBA Rate Statement this week
All these lined up to give us some good reasons to look for short opportunities around the 0.7600 area.
What do you think? What's your view on the Aussie?
Few confluences:
1) We have a WXY structure based on Elliott Wave analysis
2) We have a Gartley and Butterfly pattern completing around that area
3) We have a psychological number of 0.7600
4) We have RBA Rate Statement this week
All these lined up to give us some good reasons to look for short opportunities around the 0.7600 area.
What do you think? What's your view on the Aussie?
