TheAnonymousBanker

[AUDUSD] CONSOLIDATION?

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FX:AUDUSD   Dolar Australia / Dolar A.S.
The trend remains bullish on intraday chart, and may not have completed the move. As we said during the Friday session (see chart below), we can not rule out a bullish wave (W5) before seeing a pullback. From a technical point of view, the next Asian session will give us further technical details.
If the pair is really still bullish, area around 0.80 should provide a good support in short term, let's see.

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REBOUND

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pullback in play...
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By Anonymous Banker
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