Near Term Trend: Positive
Friday’s Close: 0.77035 (+ 55 pips)
UPDATE: For the last three weeks, he had stated, “We look to buy dips near the 0.74000 region”.
We called the dip in price, but unfortunately the low was only 0.74900 eight days ago, and as we expected, the value of Aussie skyrocketed higher.
It is currently threatening resistance at our internal (black) line.