DislikedOther commodity currencies Aud and Nzd have begun to give way. Cad should follow soon. Maybe with todayīs CPI figures.Ignored
AUDUSD is turning lower after putting in a Shooting Star candlestick below resistance at the top of a rising channel carved out since late June. A break below the 1.05 figure initially exposes 1.0443, with a break below that aiming for 1.0328.
However i don't think that the bull trend has finished we are looking @ a major correction but not the end of the trend.
Master Your Setup, Master Your self. (NQoos)