The AUDUSD weekly chart shows the following signs:
The AUDUSD pair get in the KUMO last week forced the weak bullish sign.
The technical indicators MACD and RSI are both bullish. The MACD has a divergence that enforce the bullish more.
I expect that the AUDUSD will test the EMA 200 first. The pattern until now reminds a reversal one.
For more elements for short term trend see at 4H analysis (15.06.2014).
The AUDUSD pair get in the KUMO last week forced the weak bullish sign.
The technical indicators MACD and RSI are both bullish. The MACD has a divergence that enforce the bullish more.
I expect that the AUDUSD will test the EMA 200 first. The pattern until now reminds a reversal one.
For more elements for short term trend see at 4H analysis (15.06.2014).
