I believe we'll be seeing a rise in price level for the aussie dollar as it has built and tested two former levels of resistance as support. With an upward trend visible of the 4h chart, we could see one possible test of support at 1.64448. Should AU find some strength around 1.645 we should know that a jump up is coming. Should the support test fail the trade...
Thinking there will be an EU short coming up soon seeing as support has become resistance three times. There could possible be a break past support 1 after a tap on resistance 1 due to some resistance at 1.08268. There could also be a drop to support one, some pull back, then another drop to support 2 before bouncing up and using support 1 as the new resistance....
