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Rykin_Capital

Bullish on the USDAUD.

Long
U.S. Dollar / Australian Dollar (SAXO:USDAUD)  
Rykin_Capital Updated   
SAXO:USDAUD   U.S. Dollar / Australian Dollar
Fractal Oscillators Elliott Wave
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fractal oscillator elliottwaves
More US Dollars for Kangaroo Dollars seen here. There is far, far to go before major resistances, most notably in the for of the 3-?5 line. This is just a transposed 2-4 support line that can be used to extrapolate things. Fibonacci targets are another thing I highlighted in cyan and that I am looking at patiently. The liquidity problem seems to have been alleviated with the dampening demand for US Dollars for the time being. Not financial advice, and none of my posts ever are. Just note, although the chart is bullish, this actually would mean the US Dollar might be dropping in value against the Aussie.
Trade closed: target reached
Trade closed: target reached
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