Dislikedoh god, this thread is becoming like all the other FF threads.
sometime looks like the average "trader" is a 14yrs old teenager with a 500 dollars account funded by his parents, somehow treating trading like a multiplayer online game
sorry, just kidding..
let's get back to aussie, the core of the problem here is that most see the pair still in a range, while some see such range as it was a correction of the multi-year uptrend.
In my honest opinion, the range/correction ended with May (month) downmove, such a downmove was the typical exaustion...Ignored
My view is that the Aussie has been on a major corrective wave for a long time. We do experience some impulsive sub-wave within this context.
To get a big picture, I looked at monthly chart. It confirmed my view posted earlier today.
Your opinion, "In my honest opinion, the range/correction ended with May (month) down move." might be right on the money.
I had a range view until yesterday. Now I see a continuation in the cards. IMHO
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