slrocheleau

Waiting to see what she does at the 88.6

FX:AUDUSD   Dolar Australia / Dolar A.S.
6
Waiting for confirmation both ways here.

Confident one of two things here will happen but which is correct?

1. A break and close above the 88.6 should send her up near 0.7773
2. Rejection at 88.6 should send her Down near .7163 = (Y) or lower even ( 1.173 ext? =) )

We're near the 88.6 retracement
Gold is still on the rise. (how much longer?)
DXY still showing weakness?

Those confluences alone will send AU up. But who knows how long that will last...

All thoughts and comments are always welcomed. Thanks

Penafian

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