ew-forecast

AUDUSD : More Upisde Could Follow

FX:AUDUSD   Australian Dollar/U.S. Dollar
AUDUSD             is going to revisit 0.7141 it seems after sharp bounce from 0.7000 psychological support which looks like an impulsive reaction. Also notice that price made a turning point at the lower side of a parallel trendline which usually occurs at the end of a corrective move. That said, we assume that decline is corrective; a double zigzag that will cause higher prices on this pair.

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