AUD 0.00% 1.5074 australian dollar

that would make sense mate...Interesting inverse "adam and Eve"...

  1. 4,960 Posts.
    that would make sense mate...

    Interesting inverse "adam and Eve" pattern showing on teh daily for this pair... suggest if we break 72 cents again upside to 78 fairly certain... also note, though now an ancient pattern... the eve part of the latest move (november through to now) appears to be forming the classic cup and handle.

    Now truth be known, based on lower time frames (five minutes) it would not surprise me to see us retrace further down to 6800 again short term (day or two) (target 6820) to retest this recent low before we see more concerted upside. this may be a bit gentler than last night's drop tho.

    ;)
 
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