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#AUDUSD - A Pullback For Huge Opportunity - Weekly Analysis

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
vikinsa Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Fibonacci Multiple Time Frame Analysis AUDUSD weeklymarketsanalysis Fibonacci Retracement Fibonacci Cluster confluencetrading 200sma
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fibonacci mtfa audusd weeklymarketsanalysis fibonacciretracement fibonaccicluster confluencetrading 200sma
Hi Traders, AUDUSD is pulling back as expected pretty much like EURUSD. However because in recent weeks it has been creating new highs, we can expect it to continue with that. This current pull back with USDollar over sold, we can get a very good opportunity to go long. We must watch the zone carefully and any sign of bullish movement. The zone has confluence of 38.2 Fib, Round Number 0.6900, trend line and 200 sma.

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