Weekly: Prices flirting with support and most likely HA doji is in works.
Daily:If we closed above kijun,bias turns strongly bullish. As we have bounce from supp zone and failed head and shoulder pattern. Rsi bounce from 40 and stoch looking good.
4H: 7270 near term resistance. Liquidity is think and we can go a bit higher and then pull back. But come new year, I think we are going to see higher prices in aussie and test of 200 sma is likely with target around 7450-7530 first. I will be watching it for now and will be trading from 2016 now.
Daily:If we closed above kijun,bias turns strongly bullish. As we have bounce from supp zone and failed head and shoulder pattern. Rsi bounce from 40 and stoch looking good.
4H: 7270 near term resistance. Liquidity is think and we can go a bit higher and then pull back. But come new year, I think we are going to see higher prices in aussie and test of 200 sma is likely with target around 7450-7530 first. I will be watching it for now and will be trading from 2016 now.