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linofx1

AUDUSD Classic Bullish Setup

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
linofx1  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Lines Flag
0
0
trendline flagpattern


AUDUSD is trading in a minor bullish trend.
Reaching a new high, the price started a correctional movement within a bullish flag pattern from the beginning of the week.

Yesterday, the price broke the resistance of the flag,
now, we see its retest.

I expect a bullish continuation to 0.695
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