Thursday, September 16, 2010

Weekly AUD/USD Elliot Wave Counts

Can Aussie hit parity this time?  If white wave (5) is extended it might, otherwise if it ends with turquoise wave 5 that is where there will be a major sell-off.
My strategy is to buy pullbacks until target around .9550 - .9600 is hit, otherwise just wait for those areas.
See related article here.
If you have any insights or suggestions please leave a comment.