AUDUSD - Weekly Update - 17th - 21st August, 2015

AUDUSD - Weekly Update - 17th - 21st August, 2015

Weekly Chart

• Bullish Candle formation although still closed below the highs of last week, however quite near the top
• The week prior I was calling out for long opportunity, although I got stopped out from the sudden Yuan devalue, due to the rebound, I have resumed my bullish outlook for the short term

Outlook Trade opportunity

Still looking for long opportunity, a daily close above 0.74 will be required, and will target around the 0.75

Risk Level __

Tips -

Always take note of any economical news event on our provided calender below