AUD/USD - Which way will you go?
Updated
The AUD/USD has pulled back to the .618 level and now is right on the trend line. The question will be does it complete the 5th wave of the current move and honor the trend line or will it impulse up through the trend line and start an new wave up?
If it breaks I think you have to wait for a lower high to be formed to confirm the break.
Interesting level to watch. As always you can discuss this with personally at my discord - discord.gg/TPAtWwR
If it breaks I think you have to wait for a lower high to be formed to confirm the break.
Interesting level to watch. As always you can discuss this with personally at my discord - discord.gg/TPAtWwR
Note
Got the break through the Tl I was looking for. I will stay long here and wait to see how strong the move is to determine targets.Chat with me and my group over at the discord
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