AI
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Thursday, June 23, 2016 1:06:21 AM
Hard to say for sure on that pair Jav...it's not one I normally follow. But here's the monthly chart. For now, it shows a bullish breakout on both price action and the TDI showing more topside is likely, at least up to the last key candle level near parity at 0.9955. I've been leaning more towards the Aussie as a better performer overall based on pairs like AUD/NZD prepping for a northerly breakout so I suspect pairs like AUD/CAD will react the same way.
The current TDI wave count also helps confirm that, with the last pullback counting as a Wave 4 retrace, followed by a bullish Wave 5 move up coming next.
The current TDI wave count also helps confirm that, with the last pullback counting as a Wave 4 retrace, followed by a bullish Wave 5 move up coming next.
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