#Aussie Defines Sturdy Base; Remains Bullish | $AUD #RBA #forex

Friends,

#RBA rate cuts to historic low did nothing to interdict price's sustained rally towards targets defined this past January 2015 (see original analysis here:

)

Hence, the following targets remain in force:

1 - TG-1 = 0.84131- 05 MAY 2015

2 - TG-Hi = 0.86144 - 10 JAN 2015

and

3 - TG-Hix = 0.95025 - 10 JAN 2015


Also defined within the field is a "Bullish Entrenchment" zone, defined by the range 0.76483-to-0.7540. If tests, this range would impose the strongest bull ripost - These are illustrated in the following chart:





Following is a social media release update, one of many as price offers technically relevant event:

From Twitter/LinkedIn:
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AUDUSD January forecast remains in force; New proximal quant-target defined per core geo; Bullish:



AUD USD #RBA
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Stay tuned,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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