Analysis:
Looking at the charts we can see that price seems to not know where it wants to go. One minute it's heading to the upside and the next it's heading to the downside. This can make it quite hard to trade during these times but we see a setup occurring on this pair. Price recently has been heading to the downside however we are actually bullish on this...
AUD has been one of the the top 3 strongest currencies since early April but like all trends there is an ebb and flow. My AUD index has been trending nicely within a bullish channel and if it can hold this support line we could see another impulse. Ideally I want to see price close above the channel support line. If not we are at risk of invalidating the...
