Looks Bad for the AUD overall.
Set Sell Limit @ 1.0101 on H1
SL @ 1.0106
TP @ 1.0040
Closed on Target
That's for the week 19 of AUD
Week 20 (FRI, 19/5/2017) Asian Session review
Looking at the Overall Tech. and Funny-mentals ( Yo-Yo Cut outputs between US and Opec) towards the 25th May Opec Meet.
A retest of the 1.0000 stands positive IF price closes below...
May 12th- Short-term in View G/A looking weak technically and weak data ( though the June data is more Important than the latest set) , a short towards 1.7400 from 1.7483 might be playable, although a bouncy movement within the white box may be expected.
In the Longer term view for week 20 , looking at a drop towards the 1.70705 area if it can Closed below 1.7377 ...
Monday , Looking for Long @1251 , with Tight SL @1244 TP @ 1266 (Apr11 TP Done)
Wed, 2nd Long @ 1265, SL @ 1258, with Target TP @ 1286 ( Not Trigger-- Out of It )
Thur. Awaiting for Pullback to Long again at 1272
End of Week will b Range between 1260 to 1272 area , it will focus attentively towards breaking the 1317 area for week 15. Unless a Geopolitical event breakout, it will then move focus towards 1340 upwards.
