FX.co ★ AUD/USD bullish outllok - daily strategy for July 04, 2013

The Australian dollar was the winner today. The pair remained very strong, which looks very optimistic. Exceeding the 0.91 level, it approaches the 0.9181 key level and if this level is broken, the way will fast until 0.95. Therefore, you could buy at current price levels waiting for this pair to appreciate more, now, our Momentum indicator is showing bullish sign because, as we noted yesterday in our previous article, the Aussie had reached a very strong rebound area, the MACD divergence level, so we expect this pair to continue rising in the coming days.

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