ShaunBC
Long

AUDUSD: Long - Consilidation

FX:AUDUSD   Australian Dollar / U.S. Dollar
- ABCD consilidation triangle formed.
- Price has just broken past support line, but bullish spining top doji candle formed, testing the broken support level .
- Stoch indicator has entered over sold region, price to leave over sold region?
- However, MA5 and MA20 still pointing down, indicating continuation of down-trend?
- Bollinger Band bounce up.
- Sentiment: Price will go up the the consilidation triangle's resistance line this week.
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