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olly48

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

Long
Australian Dollar / U.S. Dollar (FOREXCOM:AUDUSD)  
olly48  
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators AUDUSD audusdlong audusdsignal audusdanalysis audusdbuy audusdidea audusdbullish audusdtrade audusdsetup
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trendanalysis chartpattern indicator audusd audusdlong audusdsignal audusdanalysis audusdbuy audusdidea audusdbullish audusdtrade audusdsetup
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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