Hi Traders,
The Aussie Dollar (now at 0.7820) might drop to the area 0.7536-0.7505 before bouncing back to 0.8036-0.8067 and higher.
TARGETS
first down to the area 0.7536-0.7505
then up to:
likely: 0.8036-0.8067
possibly: 0.8168 - 0.8156
maybe: 0.8229-0.8260
The new targets are marked with blue horizontal line in the monthly, weekly and daily charts.
ELLIOTT WAVES
Note the 4-hour and the 1-hour charts that show the start of sub-minuette wave 5 unfolding down to the area 0.7536-0.7505.
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
The Aussie Dollar (now at 0.7820) might drop to the area 0.7536-0.7505 before bouncing back to 0.8036-0.8067 and higher.
TARGETS
first down to the area 0.7536-0.7505
then up to:
likely: 0.8036-0.8067
possibly: 0.8168 - 0.8156
maybe: 0.8229-0.8260
The new targets are marked with blue horizontal line in the monthly, weekly and daily charts.
ELLIOTT WAVES
Note the 4-hour and the 1-hour charts that show the start of sub-minuette wave 5 unfolding down to the area 0.7536-0.7505.
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