AUD/USD 28/10/2011

October 28, 2011

Expect a final move upwards to complete W.c of (ii). Support around 1.0640-0650 should hold for a test of 1.08xx. This tallies with other XXX/USD pairs and should setup the next USD buying opportunity.

 

 

 

 

 

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1 Comment

  • Michael Scot Leeder says:

    Awesome. The AUD/JPY is sporting almost the same wavecount, and with the weakness of the dollar I might feel a little better shorting the Aussie against the Yen of coursr hoping that these two pairs move in tight step together.

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