FX Trading UPDATE  -  June 18th

Today I am Highlighting AUD/USD:

AUD/USD’s broad recovery (which extends from this month’s .9585 low) remains in force. On Friday, I bought Buying AUD/USD for advance toward 1.0200 – 1.0240 (see Daily Chart below).

The Ozzy should now hold above Parity and I remain Bullish, expecting this advance to extend onto 1.0150; enroute to 1.0200 – 1.0240 (with the potential to even reach the mid 1.0300’s).

This forecast, along with EUR, JPY, CHF, GBP and NZD, is updated in my FX forecasting service, emailed daily to my worldwide subscribers. A 3 week trial is available for $50. To sign up email TRL@clear.net.nz