Marenno
Long

AUDUSD Correctional move UP possible

FX:AUDUSD   Australian Dollar / U.S. Dollar
2 previous weeks gave us a possible reversal signal (Spinning bottom), and the price will possibly continue a correctional move up to 0.8250 area which is 23.6% - 38.2% Fibonacci retracement area. Current opportunity is only possible if the present week will be closed above the previous week middle range and above the 0.7625 Level. For a short term Long entries, use intraday/intraweek signals with a short stops not lower then 0.7625 level
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