AUDUSD fell during the first three days of the last week but found support underneath the 0.7500 important support area. It then rallied back and formed a long hammer for the week. This hammer has been preceded by a hammer from the previous week as well. This could mean that the pair can now go and re-rest the up trend line that has been broker the previous week. Trading Preference The preference at this moment is to buy the pair as we can also anticipate a corrective move of USD…
Read MoreAUDUSD trading idea for the week of 14-May-2018
