SteynTrade
Long

AUDUSD mark-up starting

FX:AUDUSD   Australian Dollar/U.S. Dollar
Price has moved away from the resistance line and yearly PP. Price has retested these levels and is now moving away from the resistance and trading range. There is consistent dominance of demand over supply. Signs of strength with widening price spreads and increasing volume and reactions (LPSs) on smaller spreads and diminished volumes is still observed. The 'TDI indicator is showing all lines sentiment lines above 50% but not over bought and move up. In the following weeks if the Wyckoff view was correct should see significant price increases.
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