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Aussie Is Headed Towards 1.0780Top ↑  Our Services (Video Tour) Twitter Facebook Subscribe to our newsletter Feb 23 2012 Aussie found the intra-day highs, but that will be only temporary, as recovery from the lows has an impulsive shape, which means that lows of wave C at 1.0594 are locked now. Always, when there is an impulsive recovery, you know that this move is part of some larger pattern that must be structured in 3 legs. As such, we now believe that only second leg is in process, labeled as wave (ii) and that uptrend will extend higher in coming sessions, towards 1.0780 while 1.0594 is not breached. Key support/bounce zone for wave (ii) comes in at 1.0655. .gif) Newsletter archive
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