Wednesday, May 14, 2014

5_14 AUD

One more High in AUD to complete the C of B wave?

That would put the next low in EURAUD around 1.4504.

EURNZD -- Looking abit funky too much up and down. I can see at least four different Bear scenarios to get to 1.5550 and from here (There's a bullish but I'm considering that atm) We could end up with some kind of ED -- which is fine because it would give more validation to the impending reversal :)