Thread: AUD/USD

Originally Posted by ;

The market is flawlessly performing within a bullish channel. A close above the upper bound will clear the path for a rally. picture

Unlikely, it will return to check 0.75XXX before any alteration.

AUD heavily tanked, Royal banking commission loed a Commonwealth Bank financial planner collecting fees for no support. Possibly now leading to bank reform and discussion.

Originally Posted by ;

The market is perfectly performing within a bullish channel. A very clear close above the upper bound will clear the trail for a significant rally. picture

I do agree, I believe 0.7600 is a strong fundamental support for aussie until it will bounce large.
We just have to await a couple day

I hope iam right.

The pair may push lower if break beneath the immediate support at 1.7655.

Down to 0.7600 and that I still see bullish signals and patterns all over. DXY skyrocket. Crazy market.

Possible false breakout, awaiting confirmation

The news about a potential rise in US inflation is the reason for the dollar to value in other currencies. Would there be a break potential due to it?

Does anyone recall ArslanHyder? He was so humorous convinced he insulted everybody attempting to make the possibility that he could be on the wrong side . .

. . Thank you Arslan for all of the pips meanwhile!

Difficult to purchase AU from here, but could surely consider selling from up there with a repeat tide expansion

AUDUSD Strategy for 14-18 January 2018