Wizard

AUDUSD The Bias Of The Day

Long
FX:AUDUSD   Dollaro australiano / Dollaro
[i]EURAUD didn't let the audusd to rally as it went up a lot but now idepreciate nowt wiat-leastciate now or at-least not rally much more. That would let audusd to continue its rally and potentially to make those double bottom patterns complete.
So yes, generally I think that DXY (USDOLLAR INDEX) will pullback some more and that commodities are likely to do the same for now, so audusd looks pritty good.
ps( I personally will look for a buy but i need to see some consolidation and some divergence to be more sure.)


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