AUDUSD Weekly (24/2014) Chart Technical Analysis

FX:AUDUSD   Australian Dollar / U.S. Dollar
The AUDUSD weekly chart shows the following signs:

The AUDUSD pair get in the KUMO last week forced the weak bullish sign.

The technical indicators MACD and RSI are both bullish . The MACD has a divergence that enforce the bullish more.

I expect that the AUDUSD will test the EMA 200 first. The pattern until now reminds a reversal one.

For more elements for short term trend see at 4H analysis (15.06.2014).


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