Set Sell Limit @ 1.0101 on H1
SL @ 1.0106
TP @ 1.0040
Closed on Target
That's for the week 19 of AUD
Week 20 ( FRI , 19/5/2017) Asian Session review
Looking at the Overall Tech. and Funny-mentals ( Yo-Yo Cut outputs between US and Opec) towards the 25th May Opec Meet.
A retest of the 1.0000 stands positive IF price closes below 1.00850 into Week 21 and then a possibility towards the 2017 April 12 Low @ 0.9932 for the Month of MAY.
On the Flip side , the trend for the year 2017 has been on an UP Trend. If it closes above 1.01350, we may be seeing a trend towards the 1.0400 area
Let's see and await for the funny-mentals to play out