On the 4
hour chart below of the Aussie versus the Green Back, we can see that the pair
has stayed consolidated around the 0.9400 round number level. Even though the
price has tried to drop on occasions during the last few 4 hour candles, we can
see that the 0.9400 level has been a very important support for the pair. If
the next two candles are bullish, then we may see a continuation of the bullish
momentum and possibly a visit of the 0.9500 level. Let’s see if a continuation bullish
pattern really develops from around the current levels.
thank you for great information
ReplyDeleteAttention turns to the FOMC June minutes released this evening. A hawkish viewpoint will further boost speculation of an early Fed Rate hike and back a USD rally.
ReplyDeletetoday we have the FOMC lets see what it will do to the dollar
ReplyDeleteI fully agree with your view.
ReplyDeleteI completely agree it´s getting stronger...
ReplyDeleteZoom
ReplyDeleteWell done , i like that.
ReplyDeleteDifficult pair to read at the moment
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