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CJBlueNorther

Short-term bullish retracement for the Aussie Dollar

Long
Australian Dollar / U.S. Dollar (FX_IDC:AUDUSD)  
CJBlueNorther Updated   
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis
15
0
trendanalysis
Although this pair has been heavily bearish as of late, I'm expecting a pullback to around 0.66 area. Too early to determine where price will go once that point is reached, wait and observe.
Comment:
I'm still bullish on this pair, price has consolidated for the past 3 weeks at our current level. This could be a sign that support has been reached, and the bullish trend may start from here. 0.66 area is still my target.
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