08/02/2016 – Australian Dollar

September Australian dollar:

1. On Friday, July 29 in our Williams edge meeting it was noted that the Australian dollar (then trading at approximately $75.88) was likely preparing for an approximate 100 PIP decline to $74.90/$.75 in the following days.

2. Subsequently, the September Australian dollar declined and today (Tuesday, August 2) completed the forecast $74.90/$75 downside target (today’s session low, $74.66, so far). This successfully completes the forecast. Will message any further entry or indication in the September Australian dollar.

David Williams