audusd has been seeing some upside within the recent bottom that formed since early 2015. Last month gave us a bullish engulfing and currently we are testing the neckline of the larger h&s pattern since June 2015.
A break above will mean a large move to the upside targeting 0.8150, May 2015 highs. Near term pullback should be cushioned at the 50 MA around .7490
lets see
A break above will mean a large move to the upside targeting 0.8150, May 2015 highs. Near term pullback should be cushioned at the 50 MA around .7490
lets see
Comment:
"Near term pullback should be cushioned at the 50 MA around .7490" - congratulations to those who read this in detail
