jvalli

AUD strong to the upside

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
With a whole lot of consolidation going on in the lower time frame, its probably time to review the monthly time frame. And what we see a clear MACD divergence in formation.
Momentum strong with plenty of room to the upside.
Price currently parked at resistance level 1
End of the month we should see it break out and head towards resistance level 2.
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