The non-confirmation between the US Dollar and Aussie Dollar is the smoking gun right here...
With the non-farm employment figured being released in less than an hour, this could be part of the corrective structure.
If price remains above .68870 during this volatility, then we could see prices gradually gravitate higher.
With the stop level firmly set at .66282, a break of .66870 could still throw this view right out the window.
Stay tuned for this one as it could turn out to be a good indication of what is ahead.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research[b/] instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
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