On the weekly timeframe I see potential long opportunity. First we have some level of support as well HIGHER CLOSE CANDLE. On the Daily time frame we see that we are in DOWNTREND but i belive the trend has finished because of the US concerns etc. On the other hand the AUSSIE have been supported from the rising price of GOLD. In my opinion the GOLD is going to edge higher till the end of the year which will support the AUD and WEAKENG the USD. On the 1H time frame we see that there have been a sell off from 0.75-0.74 but i belive the bulls will control the market. Good Look and BUY GOLD ;)
Comment:
WIN WIN WIN 200pips