The AUD/USD pair did very little during the session on Monday, as it tried to rally but failed in the end. That failure formed a shooting star which of course is relatively negative. Nonetheless, we think that if the market falls from this area, we should see buyers step back into the marketplace and push the Australian dollar higher as it is most certainly in an uptrend. If we break above the top of the shooting star that obviously is a very bullish sign and should send is going back to the 0.95 handle given enough time.
