AU long idea AUDUSD
Looking for a bounce.
Employment report was meh, little better than expected.
Not much reaction, but at least not negative.
I think AUD is due for a bounce, lets see.
Employment report was meh, little better than expected.
Not much reaction, but at least not negative.
I think AUD is due for a bounce, lets see.
Nota
Off to a pretty good start, but not a very impressive wave 3 yet.Hoping to see a higher high today and hit that .7625 zone I have marked.
Of course it takes a while to turn a trend, but looking like a bottom at least (so far)
Nota
Well it looks like Wave 3 finally came to fruition.Exactly WHERE expected (.618 retrace) but not WHEN it was expected.
Sometimes you just have to be patient I guess.
Now I am looking for a wave 4 retrace to re-enter long.
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