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AUD/USD Swing Buy Trigger
While the headlines may sound pessimistic as the aussie lose ground against the dollar and yen today reaching new lows for July, let’s not get too dramatic as we’re only nine days into the new month. The disappointing NFP-fueled sell-off did comm-dolls like the AUD/USD no favors, UNLESS you were an aussie bull waiting to capitalize on a pullback. The AUD/USD has been in an uptrend thanks to the strength of the Australian dollar will has been gaining on even the strong greenback. Past performance is not indicative of future results The AUD/USD daily time frame has all the signs of new but bullish trend: The green ... (full story)
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