entering a weekly demand level now
Still Under pressure... 0.8800?
BTW - nice chart, good lines and boxes.
it has a bit more to drop before it hits huge demand. right now it needs to go up to the top of that red box you have 0.0800 area, back to the big supply, then a hard and fast drop. if long trail tight, if short get trail even tighter, stop above the top of the sideways action. wait until price gets to 0.96, then go short
Still 70% traders are long. So AUD may drop futher down.
200 pips left to the target
0.9699 hit!!!!
if AUDUSD breaks 1.0100 then we might head to 0.9699 (pleny of room)
here we go.
88% traders are long... We will hit target
We have a weird bearish pattern AB = CD. Parity is only psychological barrier. A break below 1.02 would accelerate down side pressure toward 0.96
Where do you see it going CrazyTrader. I think we may hit parity then bounce
Nice...
AUDUSD... breaking or false one???