charts247

AUDUSD begins the Long run.

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
1
AUDUSD as we can see have completed it downward assignment.
The pattern we can see now is gearing for a strong bull run and we dont want to miss this run.
The dotted black horizontal line (0.7802) is the price we are looking forward to break upward.
Note the low of the green circle is the structure that created this price behaviour we are experiencing at the momment.
Patience is the key with this one and it will eventually break.
We are long here 0.7725
stop below the 0.7633 (the stop is placed here to avoid whipsaw)
Targets: 1st target is @ 0.8029 before 0.8159
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