thethefrom3

AUDUSD through confluence of confirmations will remain bullish

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
In my second technical analysis of AUDUSD, I believe it will breakout of its minor pullback and double minor contraction to the upside. Confluence of my prediction include : 1) bearish head and shoulders on the pullback. 2) The TK crossing from the ichimoku cloud supporting a bullish breakout from its minor contraction. 3) A bounce off of the minor contractions avg. price which serves as support. 4) RSI is in the 70 range signaling a strong trend up.

Thanks to those that have liked and followed me since beginning this type of work. Please comment if you disagree with my findings, as I always look for others perspectives and constructive advice as I grow into the craft. Take care and happy trading family!
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