ChasingTheMoon

Bullish Scenario AUDUSD

FX:AUDUSD   Australian Dollar / U.S. Dollar
AU maintains a very bullish structure,
it's possible we could see a 5th EW up, off the current level. - Good TP area in around 78% fib or just above approaching heavy resistance @ 6700's
clearing the level though, will see us certainly retrace to the neckline below.

If AU proceeds upward, we're going to see it's correlated pairs NZDUSD for example also move up - passing through it's current triple top.

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Possible Long Entry AU:

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