AUDUSD EW Trading Plan

FUNDAMENTAL AUDUSD

Australia Jobless Rate Falls to 4-Month Low of 5.5% (Bullish AUD)

Australia Trade Surplus Larger than Expected in August (Bullish AUD)

The US dollar received support from the Fed and also from a step forward on tax reform. (Bullish USD)

Overall mixed sentiment.

FYI

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TECHNICAL AUDUSD

Bargain BUY at 0.7730 for the completion of major EW structure at point E.

Long term Stop is at 0.7532 wit long term target at 0.8170.

The room for potential pips is around 500pips and hard SL is around -200 pips at line S.

Thanks.

shukri mahadi