Theperfectionist

Overview of AUDUSD - Update of June 24th

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
After two failed breakouts on the support zone, prices were subjected to a bull spike. Odds of a bull continuation remain high.

Possible targets: @0.70000 (+40pips) and @0.70500 (+90pips).

Advice: Stay bullish and buy at any low point while we don't break the @0.69200 bottom level.
Comment:
June 25th was a sideways day due to the fed's chairman speech. Odds of a bull continuation remain high.
Trade closed: target reached:
Target 1 reached. You can't still stay active for target 2, close partially or totally your trade.
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