Disliked{quote} damm its so difficult to trade since past 4 months. look at kiwi for example. rate cut may not come but its still falling when aussie has given a 300 pip bounce. good thing is 6285 was bought heavily. thats a floor for now. but 6370 is difficult level to take outIgnored
Thinking it will see a 3 soldiers formation on weekly though.
Bottom is soon, feels similar to EU in March. Rally then double bottom sometime in October then lift off into year end.
67c is the major resistance. 6060 should hold for the remainder of 2015... next year could attack 50c though.
Be hopeful in a winning position, and fearful in a losing position.