Mid levels are strong support ie. 50.
Five waves down from this mornings high.
Previous high spike on the 4th around 65.38 is a point of support, So i will add if it gets there, then 65.00 after that.
This is a probabilities game, not one that is guaranteed, so enter when you think it is good.
personally I scale in on the down, as I see the previous days move as the trend, so this retracement is an opportunity to add for the next leg up, which may or may not come. I am holding with very wide stop in case my elliot wave count is out. However I see the dollar as having strength over the coming weeks.
aud , page-26
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