It may bounce on the 200 EMA on the daily chart... or go up to the 200 SMA?
Either way, it is going down over the week!
Either way, it is going down over the week!
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DislikedHi XTrade, I'm waiting for gaps to close as well. Monday morning gaps (Monday here in Oz) have a very strong record of closing and I'm short A/U and A/J waiting for the gaps to finally close... I think its only a matter of a few hours... last week, gaps finally closed Tuesday afternoon, almost 36 hours after opening so I must be patientIgnored
DislikedDaily Chart possibe to FIB 2.618 @0.9360 , this may take days but this is overall picture .Ignored
DislikedI agree with your sentiments here and I am working on my chart.
i recently started trading Aussie again.
I am no having mush luck with the crosses though and will concentrate on minors.
Aussie and Kiwi vs. USD
Do you trade Kiwi at all?Ignored
DislikedHey, Welcome to the Factory,
There are some gaps that don't close for months. Thanks for your insight though, Always nice to meet someone from Down Under!
I think this Gap may close before we move substantially higher.
Would love to visit at some point!
I remain bullish OZ/USD, however, and I will look for in the next sessions a test of .9000
If we breach .9000 I will set sights appx 400/350 pips higher for a retest of the triple top on daily.Ignored
DislikedI took short @
.8758 - Looking for 50 pips to close this damn gap already.Ignored
Dislikedme also shorted @ .8755
but why are you so sure the gap will be closed?Ignored
DislikedYet we are so close to fill it seems imminent at this point,
then we can track back onto the uptrend lines irregardless of price spikes that skew TA.
Let's see if the price can pass 8800Ignored
DislikedI do not like holding into london unless well in the green and may close,
what say you?
Edit: unless we are rejected at the current level....
AUD has been VERY WHIPPY lately!Ignored