AUD unknown

Hey Guys ,have 3 charts for the aud/usd for this week 1/ aud...

  1. 451 Posts.
    Hey Guys ,have 3 charts for the aud/usd for this week

    1/ aud /usd touching the top of the up trend channel going back to April

    2/ usd index bounced off support at 76c looks primed for a bit of a run

    3/ usd index showing longterm support @ 76 and again @72 the next stop from here

    will we see a retrace this week in the aussie or will we breakout of this channel and head higher ??

    IMO we are due for a breather perhaps pullback to 88 to 87.50 area ?? Thoughts anyone ..

    cheers CdM
 
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