So, I see something better, maybe something pleasant. We had weaker than expected employment condition in U.S. In addition, RBA maintains the possibility of further interest rate hike later. I am not into fundamental analysis, but the current condition seems to favor my still bullish view of Aussie dollar. Anyway, we are back to 0.92-ish now. In fact, my next trading target is somewhere around mid-93-ish level. Let’ see how it goes. -)

There is one thing to watch out…GOLD! This crap is still enjoying its diving session. lol . I mean, we might still need some time to see if GOLD is to rebound. This, of course, influences how Aussie and dollar perform.

Here is the….CHART!

Here is the….Trend Score! A weak uptrend might be a start of new uptrend, at the same time, it might be just a trap. let’s see.

About this tool

From the desk of Tradergav.com


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