AUDUSD
Taking advantage of the poor CPI results, AUDUSD shot through 4 resistances to be in the range of 0.70814 - 0.71105 at the moment. Of course, according to AlphaWolves' law, a large price change in a short time, usually will be followed by a large correction as well. This can be seen from the MA8 which is still at support 0.70185 where a price correction on AUDUSD will occur today. At least AUDUSD will correct to support 0.70415.
BUY LIMIT 0.70216 SL 0.70025 TP 0.71077
R3 0.71979
R2 0.71430
R1 0.71150
PV 0.70814
S1 0.70415
S2 0.70185
S3 0.69913
Taking advantage of the poor CPI results, AUDUSD shot through 4 resistances to be in the range of 0.70814 - 0.71105 at the moment. Of course, according to AlphaWolves' law, a large price change in a short time, usually will be followed by a large correction as well. This can be seen from the MA8 which is still at support 0.70185 where a price correction on AUDUSD will occur today. At least AUDUSD will correct to support 0.70415.
BUY LIMIT 0.70216 SL 0.70025 TP 0.71077
R3 0.71979
R2 0.71430
R1 0.71150
PV 0.70814
S1 0.70415
S2 0.70185
S3 0.69913