AUD/USD - Topped or topping

AUD/USD - Topped or topping

AUD/USD - Topped or topping

AUD/USD is still holding up, but if a top hasn't already been found it will be found shortly for a strong impulsive decline. 

The first good indication for a top being in place will be seen upon a break below minor support at 0.7678 and of cause more importantly below the red support.line near 0.7500 that confirms the top and the new impulsive decline to below 0.6825. 

As long as minor support at 0.7678 is able to protect the downside, we must accept the possibility of a move slightly higher to the 0.7780 - 0.7800 area,before the top finally is in place, but it will just be a matter of time before it's in place. 

Tommy
2015-02-26
Great call on nat gas

Just wanted to drop you a note to say great call on nat gas as it held 2.67

Great job.

Tommy
Duane
2014-05-26
Great job this week!! Wish that I had more capital to capitalize on all of your great calls! The ones that I have managed to catch have been extremely profitable. I really appreciate you sharing you v...
Duane
2014-08-29
Hey EWS,

Great work on the GBPCAD and the NZDCAD. These are the type of opportunities that I am looking for, monthly turns caught with daily or hourly entries. Easy money!!

Duane