Good day traders!
Lets look at the chart below.
At the opening this week, the Aussie gaped up about 30pips. From my experience looking at the currency markets, I noticed that gaps usually get filled. I am monitoring the AUD/USD to see whether this gap gets filled as most others do.
Its interesting to note also that he AUD/USD have broken a resistance level at 0.9192 and did a correction that did not go back to that point and proceeded to bounce higher. This indicates how strong the bulls are at the moment and there is a chance that long Aussie traders might just push the price to major resistance level at 0.9390.
Good luck on your trading!
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