AUD unknown

Hiya Miike, Stiven...Just taken a quick glance at the pair,...

  1. 4,960 Posts.
    Hiya Miike, Stiven...

    Just taken a quick glance at the pair, looking primarily at the daily, and from what I can see, there's some sweet negative divergence oxxurrening now on the pair on this time frame, going back to March...

    With price currently BELOW the 21 ma on this time span, It is not looking too positive for the pair IMHO for the next couple of months.

    I can see the possibility of the pair hitting the 70 cent level again based purely on the divergence on this timespan...

    Looking at smaller timespans, from the hourly down, suggests to me that we're about to bounce of some resistance and possibly pop up and have a look at the .803 level within the next day, though I am looking for the hourly stoch to give me confirmatio on that.

    ;)
 
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