Aud/Usd support and resistance.
The AB = CD on the monthly chart was complete at 1.1079, i said in one of my analysis 1.1041 I was off by 38 pips and i am not sure why, but sine then Aussie has been going down, on the weekly chart the down AB=CD should be complete at .9610 watch for this area, on the daily chart same as weekly, the smaller time frames some has been reach in one swing, some in 2 swings, but they all converge @ .9620-.9610, so pay close eye to this area.
- #7,861
- Edited 10:12am Oct 1, 2011 9:57am | Edited 10:12am
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