Aussie overall Market structure has held @ 0.97084. However Mr Price is below weekly Pivot @ 1.0224/0240. So a break above and hold above 1.0240 will strength our bias for the test of the top @ 1.1075 then the 2nd target of D @ 1.1881 or 200 fib Expansion @ 1.2417. Otherwise it is possible for market to trickle down to 0.98/97 area Poseidon Base line and support area. Depending on what happens in Europe, Aussie has had not so great news of late so sideways action is possible with the down ward sloping trend line and a trickle down to support area @ 0.9383 and if this is broken then. which will cause break out of the poseidon pathway and market stuctute 0.8071 will be in sight. I suggest standing aside and waiting for a clear signal. Break out of the Poseidon line down or a continuation within the trend up. Still There is loads of pips to make.
Practice Pure Patience Produces Pure Profit
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