Excellent timing to long this pair next week

16 May 2020

See chart

18 May 2020

Not

retesting the 1.66943 level. now, we have very strong bullish move last night on the Indices and both high beta currencies, AUD and NZD have soared as well.

If the trend continues, then cross-pair like EURAUD, GBPAUD, etc will not rebound until weakness is shown on the AUD pairs.