This user was banned for violating the House Rules. The ban is for social activity only - participating in public chats, publishing ideas, commenting and so on. The ban has no effect on the functionality of the platform.
Yes price is breaking trend-line on monthly, but it could easily be a fake breakout. It would be interesting to watch how SNB tackles the appreciating CHF, now that Euro is on uptrend if it sustains CHF would be checking back .956 area or even more.
Don't short too early, let the price re-test and then you can jump in at short trade. Wait until SNB and fomc is...
Todays Budget release would dictate where the government intend to spend their money for the upcoming one year, if a heavy spending plan is outlined then RBA would have to come out of sidelines sooner than later. Right now , we could be in temporary short , but we are approaching trend line soon , be ready for long term buy.