Updated Day Chart with Predicted Range of Motion This position may hold until June + for +1500 PIP gain
IMO Aussie is over extended after positive China news and way higher than predicted Aussie news numbers. Expect the weekly low to be tested by 3/23 Expect the yearly low to be tested within 1-2 weeks. Please share your thoughts below. Enjoy :-)
I hope everyone enjoyed that smooth ride from 3.8k to 12k these past few months. Strap in and get ready for take off !
Watch for these zones to be tested, any failure on the above resistance means SELL, and breakdown of the bellow support means SELL. EU will continue to 1.140 and then to 1.131 if the BEARS keep pushing it down.
Depending on which zone gets smashed first.