Trade result for EUR-USD and AUD-USD on the 4th June 2016
As expected the EUR-USD and AUD-USD should go for major correction after an excessive downturn that defies the technical indicators signal way too far off the normal correction level.
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Sequence of Analysis
1. Let the market stretch
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily
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