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thecurrencysniper
Mar 8, 2021 8:06 AM

AUDUSD Weekly Outlook Long

Australian Dollar/U.S. DollarFXCM

Description

From a Weekly perspective price still making a sequence of higher highs and higher lows.

Price has made a new higher high pulled back and i am now anticipating a new higher low to be made. If price does put this higher low in and continue the uptrend.

My first upside target will be 0.80070. My second upside target will be 0.81260.

Comment

Had a nice long trade taken on this pair this week for 1:3 RR, looking for further longs going into next week as long as higher tf remains bullish
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