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Over extended trend
Australian Dollar / U.S. Dollar
Long
Over extended trend
By GCGoldenCircle
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Aug 29
0
Aug 29
Very choppy but when it trends it does it smooth with a little consolidation
Pairs been buying the whole month as you see by the large bullish candlestick closings
0.6803& 0.67943 buy for the second entry
Last weeks entry was 0.673
0.67800/0.67750 support
Targets
0.68400&0.68900
Pair might turn from targets but if not, bulls better take out 0.74500
This can pullback as expectation for two weekly candlesticks at least but if not then we know 0.66/0.655
0.715/0.7200&0.73500 with 0.7400(0.7440)
Technical Indicators
Trend Analysis
GCGoldenCircle
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