Brad010
Long

AUD/USD Bullish "white swan" pattern.

FX:AUDUSD   Australian Dollar / U.S. Dollar
A bullish white swan pattern is beginning to form on the daily chart . This pattern is also supported by demand zones on both the Daily and Weekly timeframe (only daily demand present on the chart as overlapped).

Initial target PT = 0.78425
Extended target PT = 0.80426


Happy trading :)
Brad.
Nov 09
Comment: Update gold price.
- Historically Gold and AUD have a positive correlation of over 80%
- Gold has began what seems a break of its near term range, which promotes Bullish pressure for the price.
- Therefore due to the nature of the positive correlation this adds more weighting to my prediction of AUD/USD.
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