Recatching its missed yearly pivot of 2015

Long

Australian Dollar / U.S. Dollar (FX:AUDUSD)

Updated

FX:AUDUSD Australian Dollar / U.S. Dollar

trendanalysis chartpattern audusd long uptrend pivot

AUDUSD
Weekly chart: showing an uptrend and willing to work up towards the missed yearly pivot of 2015 at 0.859
About 500 pips higher

Comment:

It is still coiling.
due to the bad USD, AUD will be very strong soon.
Expect a continuation of the move up.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.