FX:AUDUSD   Australian Dollar / U.S. Dollar
SO AFTER A TRIPLE BOTTOM FROM THE BASE OF THE DAILY RANGE WE HAD A CTL BREAK AND MA CROSS TO THE UPSIDE SIGNALLING SOME UPSIDE MOMENTUM WAS ON ITS WAY. THIS WAS ALSO SUPPORTED BY THE WEAKNESS IN USD STRENGTH IN OTHER PAIRS. WE THEN HAD THE TRIANGLE/WEDGE PATTERN FORM AND THIS HAS NOW BROKEN TO THE UPSIDE SIGNALLING ANOTHER OPPORTUNITY TO GET IN LONG AND I AM NOW FAVOURING THE RANGE HIGHS AT 0.7900 TO BE REACHED AND WILL BE WATCHING CLOSELY TO SEE IF THIS CAN HOLD AND REJECT OF BREAK TO SEE FURTHER UPSIDE MOVEMENT.
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