I suspect a short-term term movement to the upside. I see the price of oil increasing as demand increases. This coupled with strong Canadian economic data or perhaps stable, is the better word. The trend will go into sideways movement . For now a strong bullish press seems likely
I think that the AUD-USD will be bullish and retest two key areas the first I highlighted as a red zone where it is currently ranging, although at the time of analysis there may be slightly lower volume, this further strengthens the likelihood of a strong bullish push towards the second key area highlighted in green. The break out of this area will provide the...