Near Term Trend: Neutral to Positive
Fridays Close: 0.76185 (- 28 pips)
UPDATE: Based on the last three months of trading Aussie is basically neutral in its directional compass as price action remains within the confines of our wedge lines.
If you happened to remain short Aussie, and followed our advice to lower the buy stop to 0.75880 from 0.76380; you would have been stopped out last Wednesday.