Forex Tradingwithrayner

ASM_HWZ

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Come on... PA with Gartley, believe you have more to show. Nice thread. Keep it up.
 

ahnong

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hi

may I ask if you have any clue why we are seeing aussie's big movement upwards?
 
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hi

may I ask if you have any clue why we are seeing aussie's big movement upwards?

From a technical view, it could be the shorts take profit and those who caught short are covering back, thus the rally.

Looking at the weekly chart, it is at a critical juncture (0.96 - 0.97)where it could either breakout of the resistance or reverse from here.
 
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