FX:AUDUSD Australian Dollar/U.S. Dollar
This is a chart I'm interested in. The AUDUSD pair has formed a rather convincing Outside Bar, off the 0.92 . Last time it reached this level it formed a nice looking , possibly suggesting a period of consolidation for this pair. What's more, it's interesting that despite the lower trade which takes place on Fridays, the pair still managed to close above the 0.93 level. What's against this trade however is the short term divergence displaying on , suggesting that any consolidation, if any, may be short-lived. I still think there is a good chance this pair could test near the 0.94 level, lets see!