#4902

heim465
Participant

Is this hammer showing an upmove next or down move?

I am fairly bullish on audusd for the one thing we have good signs coming out of China over the last few days –

http://www.investing.com/news/commodities-news/copper-futures-rally-to-6-week-high-as-china-returns-to-the-market-329788

As we now have more life in commodities that is all going to be a plus for aud as i see it. yes you are correct we have the interest rate to worry about as well.