Morning all...
Good night for the shorts.
For today: I will be looking for the completion of five waves down to the 8300 level.
I suspect it will be a V shape day in equities, which may cause some confusion with the currency direction. As such, I suspect it will be a choppy day, (wave four), before a sell off to the 8300 level.
At which point; looking for an ABC retracement from 8300 to 8380ish
11:30am AUD Construction Work Done q/q
6:00pm EUR German Ifo Business Climate
10:30pm USD Core Durable Goods Orders
Hope you all have a great day.. Cheers
ps. held shorts from 8420 average.
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Morning all... Good night for the shorts.For today: I will be...
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