Daily chart on Wave 3, but short term it's facing some correction. Estimated Entry1:$83.6-83.1 Entry2:$80.3(to be watched) Entry3:$77 Tp1:$87-88 Tp2:$90 Tp3:$97-98 Tp4: to be advised after breaking out $98 *Pls take notes! : different Entry has different SL.*
Commentaire
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4H chart: It's broken the trendline, possible retrace $84.2-84.3 then continue to go south, for tg:$83-82.5-82, so our mid-long term long entry will be pending till$82.5-82
Thank you Faylee! The Oz need an ATR increasing or saying it needs a bigger volatility for taking more advantage than EUR and JPY from US dollar's weakness. Those swings is a key to lift the ATR before a final breaking.
faylee
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@victor.Y.F, nice, thank you for you analysis, i am learning:)
Victor.Y.F
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@faylee, no problem, the situation is still very complex though.