NJONGO_1

TRENDLINE RETEST AFTER GAINS IN U.S STOCKS

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Good Evening

The U.S Dollar P.M.I Increases

DXY gains of +0.42%, S&P 500 gains of 0.82% and Dow gains of 0.79%

as a result the Dollar has strengthened ahead of the G-20 Meeting.

Aussie Dollar is down over the Greenback and thus on the chart we have a Double Top at 0.73500. Strength in 6he U.S Dollar could see a Uptrend Support line retest before resuming Bullish

My analysis is as follows

Take Care!

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