TokieTV

AU Double Bottom, ready for a rally up?

Long
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
With AU forming a double bottom, bulls are looking to outmaneuver the bears and go for a long here. We should be able to break first the .714 resistance then the 0.72 resistance to confirm a bull run.

DXY is also supporting this possible retracement as seen in my chart here
First exit: 0.71400

Only risk 1% of your port!

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