After some inflation and monetary news tomorrow, look for a closed candle under 147 after rejecting weekly support. Might hold a short for a week or so after.
AJ is sitting in this channel. Potentially testing Fib and Support and going back up. Waiting for confirmation.
Just having some fun practicing being a forex jedi, but with support and resistance where they are, I would love to see this happen
Sideways ABC correction waves. AU has been in a downtrend. I suspect a down movement to resistance
Potential ABCD pattern causing bigger pullback
EURUSD looks like a small pullback on hourly to test support then back up
Waiting or this triangle to break for NFP. USD news was bullish and predict movement to 0.73300-073000
EURUSD is testing a weekly resistance before high impact EUR news. Expect to break.
Broke support and trend line. Seems to have found a small up tick to new resistance to retest then drop. OR Bounce of support and form head and shoulder pattern
Could be a good drop. Potential retest for safer traders. Looking at ~100 pip drop High impact news are 1830 pacific standard time.
Pending on these next two supports being broken, I will take it down to 0.382 on my daily fib for about ~80 pips
AU testing long term resistance prior to USD high impact news
AU testing large resistance before high impact USD news
AUD Pairs are testing resistance. AJ has the clearest picture at the moment
Retract coming with RSI over 80 and daily and monthly resistance approaching