FX:AUDUSD Australian Dollar/U.S. Dollar
The AUD/USD has been trending higher with a very well defined structure. As we can see in the highlighted sections, the pair seems to find enough buyers for the continuation of the trend at the 61.8% fib retrace alongside the 35 area. Therefore, our current plan of action on the pair is to wait for another such opportunity, we're looking for confluence between the 61.8% fib around the 0.8700 handle, coupled with the ascending channel trend-line support, and finally we'd like to see at around the 35 level.