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Aussie Trading Room and Cartoons Gallery

There's a wedge forming. Those usually make the decision easier.
Top-Forex-Systems. com
Hi DB

I am preparing some charts to post for consideration for everyone this is a headache for me
Do you think it will retrace to 1.02600?
Ignore my 15m trade as I will zoom chart out

Where you see a foundation is important as I have no direction on monthly
I still urge everyone to chart hard right now regardless of style
All lines other than level posted are just markers for future reference
Attached Images (click to enlarge)
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All aboard, departing in 10 minutes.
Quoting Kissa
All aboard, departing in 10 minutes.
North or South?
I try south till 1.2600 than strong buy
Quoting Neohau
I try south till 1.2600 than strong buy
Green pips to you!
I would like to see it drop to there because there is an inverted H&S pattern forming on the 4hr which should take us back to 1.05.

But 1.03 looms as strong support now.

Retail sales in the US like to bust 1.03 or take us all the way up to 1.04

Thoughts?
Quoting whyphi
I would like to see it drop to there because there is an inverted H&S pattern forming on the 4hr which should take us back to 1.05.

But 1.03 looms as strong support now.

Retail sales in the US like to bust 1.03 or take us all the way up to 1.04

Thoughts?
A retest of the low is in the cards.
Lets see that retest
Quoting whyphi
I would like to see it drop to there because there is an inverted H&S pattern forming on the 4hr which should take us back to 1.05.

But 1.03 looms as strong support now.

Retail sales in the US like to bust 1.03 or take us all the way up to 1.04

Thoughts?
DB and whypi

i think we have come to a strong support area if not already but very near ......1.0166
i think a bounce from low this week is now confirmed and heading for 1.056x again.

chart on this post
http://www.forexfactory.com/showthre...37#post6440737
Wooooohooooo or Boooooohooooo
Quoting DaddyBear
A retest of the low is in the cards.
agreed
The Aussie has been in a consolidation mode since last night.
Quoting gnomoneey
DB and whypi

i think we have come to a strong support area if not already but very near ......1.0166
i think a bounce from low this week is now confirmed and heading for 1.056x again.

chart on this post
http://www.forexfactory.com/showthre...37#post6440737
I think so too.
Quoting KiNgEdwarD
agreed
King, where have you been?
visited time to time,didn't posted here,how are you DB?
Quoting KiNgEdwarD
visited time to time,didn't posted here,how are you DB?
O.K.
Quoting DaddyBear
O.K.
nice,be O.K always
A correction is needed before the Aussie can move up again.
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