RSI bullish divergence on 4hourly.
Weekly, Daily, 4 hourly trend still bullish.
Ascending Trend line acting as resistance.
Business Confidence Report highest its been since 2010; good sign for AUD.
LONG from this level.
Weekly, Daily, 4 hourly trend still bullish.
Ascending Trend line acting as resistance.
Business Confidence Report highest its been since 2010; good sign for AUD.
LONG from this level.
Comment:
Still holding long here. Plenty of room for further upside given the economic outlook in the coming months/year. Expectations for 0.83 in Q3. Happy trading!