Translate

Wednesday, December 30, 2009

AUD/USD - Wave iv is most likely over.



AUD/USD is still the most clear among the currencies.

Wave iv most likely found its top at 89.93 yesterday. A break below 88.91 will confirm this count and call for subwave (iii) in wave v down.

If you didn't sell yesterday near 89.56, then sell here with a stop just above 90.50 or a break below 88.91 with a stop just above the top of wave (ii) for a move to at least 87.18.

No comments:

Post a Comment