"Hi MMs GBP/USD. our range is 1.6447 - 1.6308 as well as 1.6433 - 1.6245. Watch closely Rock solid 1.6433 if seen, 33 and 47 must clear to go higher, won't be easy, target is still 6315, your long/short line today is 1.6339 with slight change in…"
AUDUSD reversed perfectly from 0.9140/50 level in this week where wave E of a triangle completed a wave B) running triangle. We have seen a sharp impulsive fall to a new low so it means that wave wave C) is already underway, ideally down to 0.8900 or possibly even to second 0.8800 target. As such current minor pullback to triangle resistance line is probably wave 2 as a part of five waves down in C).AUDUSD 4h Elliott Wave Analysis…See More
EUR has made another test of support area 1.3530 and it capped the downside once again. The area was bulls protected and the price quickly returned back to the resistance 1.3590. This morning that resistance was broken and the next 1.3640 has been reached. In fact i was expecting this to happen yesterday, but the market prefered to test the support once again before going to the upside. For today the last resistance is 1.3695 if we break there we shall exit the Ichimoku cloud again, but if…See More
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