Aussie Dollar

The Australian Dollar has gained strength over the past few years. It seemed to be having an issue recently by fading off and has not been able to break above the 9500 mark.

What we are doing on this pair is waiting for a set up. Either dealing above the resistance or below the support will push us in to this market. More recently, it has reversed with a candle and at Tokyo open we can see some buying has taken place today.


Chart courtesy of Advanced Get. Data provided by eSignal.

Forex Analysts
Javid Shaik & Anne Chapman