1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Divergence On AUDUSD Suggest Temporary Pullback

Discussion in 'Technical Analysis' started by Kaitlin, Mar 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,858
    Likes Received:
    0
    AUDUSD is trading nicely higher now above 0.7600 after sharp turn up yesterday, so obviously wave 4 has finished much earlier than we thought. It was sharp corrective retracement that put wave 5 in play now for 0.7700 projection. Despite very strong push up there is still a bearish divergence[​IMG]

    Continue reading...
     

Share This Page