Aussie on The Rise

The Aussie has rallied from demand levels on the daily over the past few weeks and here's some analysis on the moves.

AJ

After falling from daily supply, price hit daily demand and could not move lower.

We saw a H4 reversal pattern start to emerge and so I just needed confirmation.

And here was the break and retest.

After that, price made a nice move higher.

AU

AU also dropped into a daily demand level with the H4 giving signs of a potential reversal.

This pair moved rather swift and once it got going, it never looked back.

I hope you found this useful.