I am not bullish, as I think we're headed downwards but couldn't avoid observing the fact that the 2 recent legs down are almost identical in length. The blue parallel lines are equidistant channel drawn of the 2 recent tops.
Currently, I cant see any divergence to support this alternate but this could change by tomorrow and I'll be on guard for a possible buy signal at the lower levels just in case. Stocks, aud and nzd still holding up and NFP tomorrow.
Currently, I cant see any divergence to support this alternate but this could change by tomorrow and I'll be on guard for a possible buy signal at the lower levels just in case. Stocks, aud and nzd still holding up and NFP tomorrow.