Description
⋅ The AUDUSD weekly chart shows the following signs:
The AUDUSD pair get in the KUMO last week forced the weak bullish sign.
The technical indicators MACD and RSI are both bullish. The MACD has a divergence that enforce the bullish more.
I expect that the AUDUSD will test the EMA 200 first. The pattern until now reminds a reversal one.
For more elements for short term trend see at 4H analysis (15.06.2014).