https://www.tradingview.com/chart/4BfEVk2Q/ AUDUSD looks like it may be reversing on both the daily and weekly charts. May look for a long setup if it can break resistance at 0.7800.
Komen
RrrussT1
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I'm going to keep an eye on this ... Question: Do you think it has done enough correction to the downside??
There is an infamous date when new regulations take effect--I think SEC--Money Market funds need to find new places to put Hundreds of millions .. and Billions?? of funds to satisfy new Regulations. Could be here With Aussie!!
RrrussT1
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Oh crap-- the Infamous Date is Oct 14, 2016 !!!
roni511
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I have no idea, I'll wait until it completes the reversal pattern, breaks above resistance and consolidates before considering this trade.
There is an infamous date when new regulations take effect--I think SEC--Money Market funds need to find new places to put Hundreds of millions .. and Billions?? of funds to satisfy new Regulations. Could be here With Aussie!!