This was a post I made on May 20 to the members of my service. Do you want to have the same advantage, then you should consider joining my service. I do think my service is priced more than fair and just one trade like this will pay for my service for more than a year easily.

Look forward to seeing you on the other side.

Have a nice weekend

EWS

AUD/USD - Support line broken

AUD/USD top in place

The support line from mid-January is broken and that should add considerable downside pressure here. The minimums target is at 0.8360, but I would not be surprised to see an extension lower towards 0.7679 longer term.

Looking at the hourly chart (see below) a clear S/H/S top can be seen confirming the top and renewed downside pressure. A break below minor support at 0.9198 will add even more downside pressure.

AUD/USD - S/H/S top in place