Bitcoin’s weakness at the start of the week has been left firmly behind with the digital coin building bullish momentum for another push at $6,000.
The rebound in AUD/USD may gather pace ahead of the Reserve Bank of Australia (RBA) Minutes as the pair extends the string of higher highs & lows from earlier this week.
The combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.
The DXY Index now is below its daily 21-EMA, suggesting that broadly, the bias has been neutralized; only selective long exposure is appropriate.
The New Zealand Dollar put in a bullish Morning Star candlestick pattern, hinting that a reversal higher against its US counterpart may be in the works.