Near Term Trend: Positive
Fridayâ€™s Close: 0.77035 (+ 55 pips)
UPDATE: For the last three weeks, he had stated, â€śWe look to buy dips near the 0.74000 regionâ€ť.
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.