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|Weekly forecast||Australian Dollar vs. US Dollar technical chart|
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.7375 to 0.7330). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
While the price is below the level 0.7485, the probability of beginning of uptrend is too weak, so we would enter the market with buy trades based on Daily-Trading-Opportunities and a day close price above 0.7485 and expect to reach short-term targets.
|Date||Sat, 08/04/2018 - 22:39|
|Forecast||beginning of uptrend|