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Long

AUD/USD Major-2 bottom done (Nikita FX )

FX:AUDUSD   Australian Dollar/U.S. Dollar
106 0 1
AUD/USD             had already hit wave Major-2 at 2nd Double bottom (0.6827).
It had also breached Pink, Black, and Brown Resistance lines. Especially Breaching
Brown line (0.4824(2001.9/17w)--0.6006(2008.10/27w)) means a complete bullish Recovery.
Since 0.6827, wave counting is still top pf             wave 3 at 0.7835(Apr. 21). wave 4 is almost
finished (it should be holding above Brown line).
This initial wave 5 will be reaching beyond 0.8000.

I would say AUD/USD             had started its long-term upward trend.

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