olly48

AUD/USD Has Broken out, Retrace Another Chance to Long

Long
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
Since my last update on this pair it has broken out as I expected. It is now retracing to the neckline marked with the blue line, this would be another chance to long if you are not already longing this pair. My target on this is 0.80548 although if you are looking for a more short term trade then the previous top of 0.78203 is also a good TP to aim for.

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