AudUsd has reached a significant resistance area, however due to the fundamental issues going on its difficult to have a strong technical analysis. On a technical note however AudUsd will be pulling up to the .74245 area, at the moment i believe it will sink after reaching that area but the possibility of a comeback is ever present.
As long as the trend line continues to be respected this is a great opportunity to go long.
On Sunday, Feb, 18 Japan will release a Trade Balance Report, the concensus is that the report will be negative for the Japanese economy, this will cause an uptick in USDJPY followed by the bear trend resuming if the report comes out as predicted this trade will be a great opportunity.
As long as trend lines continue to be respected, this is a great buying oppurtunity
Recovering from a soft brexit leads me to believe that the pound will reach pre-brexit levels and make a strong breakthrough.