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AUDUSD Could Face A Turning Point Around 0.770 Area

Discussion in 'Technical Analysis' started by Kaitlin, Jul 14, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Another intraday leg up to around 0-7700 area can be in the cards for Aussie as rally from 0.7406 is not yet in five waves. We are tracking wave C), which is the final leg of a bigger contra-trend move so upside can be limited around the 78.6 Fibonacci ratio.[​IMG]

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