yesterday the aussie dollar showed consistent weakness agaisnt dollar strength. The daily stochastics have broken to the down side, and we have started and come off the mm3 for the month, with a target at around the mm2 or ms1 area.
on the H4 time frame we have a head and shoulders as indicated on my chart, and i intend on shorting at the test of the kneckline. furthemore, gold took a massive loss yesterday, which does correlate to the aussie dollar.




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