Rajomatic

AUDUSD Next Likely Target

Long
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
While the trendline is helping us keep the trade direction in check, it looks like there will be a sharp double bottom formation and then a break of minor Resistance structure. We may await the retest of the Resistance and then enter for a buy. This works in our favor as we are in a huge uptrend.
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