Wednesday, 25 February 2015

AUDUSD back to 0.80-82?

Hi Traders,

The Aussie Dollar (now at 0.7860) is set to bounce back to 0.8036-0.8067 and higher.


likely: 0.8036-0.8067
possibly: 0.8168 - 0.8156
maybe: 0.8229-0.8260 

The new targets are marked with blue horizontal lines in  the monthlyweekly and daily charts.


Note the 4-hour and the 1-hour charts that show the Elliott wave count that shows the unfolding of a typical wave 4 of the daily chart.

monthly chart, click to enlarge

weekly chart, click to enlarge

daily chart, click to enlarge

4-hour chart, click to enlarge

1-hour chart, click to enlarge

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