The non-agricultural data point 2165 mentioned in the previous article has been successfully backtested. Judging from the trend, it is currently at the peak stage of shock. As shown in the figure, short-term trading strategies are still based on high altitude! If it is relatively stable, you can wait for the rebound to near 2175 before going short. The...
AUDUSD pair approaching major support 0.7000 pair can break below this. MACD gives reversal below zero line and suggesting weakness can continue.
AUDUSD pair trending in upwards direction with taking support at the middle MA of band. Gap up opening and follow through buying above this suggest short seller trap in this pair can further rise up to level 0.7430-0.7450.