AUD/USD fell on Friday, only to bounce back later and form a nice looking hammer just above the obvious parity level. While we don’t expect long-term bullishness, it looks like a short-term pop is in the cards.
NZD/USD acted almost identically as the Aussie. However, the NZD/USD has a series of lower highs working against it. We like selling rallies as the financial concerns are far from over.
Create a FREE account