The aussie has risen up to the 1.0500 level in what is probably a wave 5 of the move up from the start of September – itself part of a larger 5th wave. There is a chance the pair will rise even further and reach the monthly pivot at 1.0535 and then probably the trend-line at 1.0550 – at least on an intraday basis. Given this is probably a 5th of a 5th it could be shorter or longer than usual and may be followed by an unusually steep decline.
I’ll right away snatch your rss feed as I can not in finding your email subscription link or e-newsletter service. Do you’vе аny?
Kinԁly lеt me гecognіѕe
in order that I may subscribe. Thanks.
Willa