AUD/USD

Just Selling AUDUSD @ 0.7605
Wish Me Luck

ServerUang

a couple of decent Rs I might try if we reach...

time for some buying sessions. Too many rebounds from 0.7576 area. Going for 0.765 first

i think it's going to 0.75 and then 0.70 in the near/medium/long term

i'm selling

-5 impulsive bearish waves
-Wave 5 near target at 0.7500.(extension toward 0.7350 has low probability)
-P/O divergence

Attached Image (click to enlarge)

https://twitter.com/ADFINANCIALCORP/...98326210969600

It will hit 0.75 and make a pullback to 0.76 before it goes any further down

Strong comments from RBA Lowe lead to a rise in AU from .7535 - .7561 currently.

This will probably set the tone for near term strength.

Bello ! Good feeling with AU recently !

Can break MN Trendline?

decent looking R at 7590 it seems...

Mahooo, who knows ? Anything can happen at any time.
Be prepared for anything !

Agree, anything can be happen

Now with that statement from Lowe and the way market reacted I see this as a midterm long trend starting again. Changing my target to 0.77 now. Cheers

If MN candle closed above lets start long AU bro

I think it says nothing we didnt already know. But raises more questions than answers. I think people just overreact when they see "its going to be a rise, rather than a cut". If inflation gets better, if wages get better, if all the predictions they assume are correct. If, if, if. Wishful thinking by a rba in denial as much as the government.

The AUDUSD tries to pullback to the upside, but the bearish trend is still in place. To the upside, the 0.7700 level may act as resistance and to the downside the 0.7500 may act as support.

i'm going short from 0.764 if it gets there

target 0.75 and then 0.70 for the medium/long term

0.757, 0.76 are some key levels in play

M30, gos up

AUD @ .7575

The knives are out for the PM and he knows it .. So what does he do but shuts parliament down earlier than usual.

So if you really look back at 2017 what has been achieved ?

High power prices

Higher Govt debt and also private debt

Economy that's going backwards .. Dont believe the employment stats .. they are just fabricated guesses..

Same sex marriage but despite a prominent Yes vote the implementation of it will be hard by not offending others through discrimination .

Dual citizenship political nightmare which has forced senior ministers to resign and made Australia's political system a laughing stock.

There could be a strong possibility we could have a leftwing govt in Australia.

So where for the Aussie ..?

Unless there is some monumental changes of policy in Australia this currency is going to hit the floor in 2018 .. mid 60's

just bought some at 7560, risking 7550...

didn't not trade that R at 7590, but its been tested now...see some possible support on the daily, and there is that large candle from yesterday here, maybe it supports us a while...

anyway, slow week, decent looking level, seems like its worth a flyer...

edit..

try for 7640