Sunday, 13 September 2015

AUD/USD beats daily chart trend line, still below trend lines on weekly and monthly

Monthly



Weekly



Daily. Big question mark over the purple projection, though after five waves down it's a typical expectation to see a rally back to the area of the fourth wave. If it eventuates we'd see the market break back above the monthly and weekly trend lines, perhaps indicating a huge bullish false break. Let's see.


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