After less than an hour from now we have Australian Unemployment news
which I will try to predict price action at the time of the news based
on the daily closing of the different AUD pairsThe AUDUSD pair closed above the 61.8 Fibonacci level extending
between the August 31 low and the September 8 high and the pair's
rejection of this level suggests a rebound on the next day, signaling
the Australian dollar to rise today and thus positive unemployment newsLooking
at the EUR / AUD chart, the daily closing was below the 61.8% Fibonacci
level extending between the August 17th low and the August 29th high,
suggesting a fall of 61.8%, but this is the fifth day closing the lowest
level suggesting That the rebound is only a correction, and that the delay is finally fallingThe Australian dollar also closed the highest level of 61.8% of the
Fibonacci levels of the month of August between the bottom and the
summit of AugustAustralian
Yen The hourly candlestick managed to close the 138.2% high of the
quarterly Fibonacci, signaling a third-quarter closing as high as the
price was in July and the August drop was just a correction
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