Posted this on a weekly a while back, price has been held quite tightly and never really moved off the level,
with my gold bias being short and dollar bias being long im inclined to look at selling this pair down to S1 0.71647
Gold weakness and dollar bullishness will weigh heavily on this pair if im right and the bullish rejection on thursday followed by a strong bearish friday with no real wicks suggests sellers taking over price.
will be looking for optimal short ops in this pair and also NZDUSD depending on which currency i think is weaker out of AUD and NZD
with my gold bias being short and dollar bias being long im inclined to look at selling this pair down to S1 0.71647
Gold weakness and dollar bullishness will weigh heavily on this pair if im right and the bullish rejection on thursday followed by a strong bearish friday with no real wicks suggests sellers taking over price.
will be looking for optimal short ops in this pair and also NZDUSD depending on which currency i think is weaker out of AUD and NZD
