AUDUSD

AUDUSD Sep 21 2020

Monthly - Downtrend since 2011 Jul. 

Rejection back down the 67%.





Weekly - Rejection on Weekly below the 67%.





Daily



Daily 

5D Impulse Stats - 0.026 / Mean 0.5 - Mean + 1 - 0.0318

18D Impulse Stats - 0.0446 / Mean 0.5 - Mean + 1 - 0.0528

5D - -0.01601 / -50% / < Mean + 1

18D - 0.16317 / 309% / > Mean + 1

Road Map

Monthly and Weekly both now below 67%

Monthly and Weekly Line are Up

18D is way overbought.  

I saw the FTP break out of H4 in Asia time but took the trade in US time as a further confirmation.



Comments

Fundamental Analysis

DailyFX - Market Outlook - US Market