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Jason_jianlin
Nov 7, 2015 2:57 AM

AUDUSD Long

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD
1. Big Bat pattern 0.886XA@0.698
2. Price may go up to 1.27-1.414 area for a Cypher pattern
completion, starting point of CD leg might range from 0.698-0.70
3. 78.6% retracement of daily chart is also near 0.70
4. RSI oversold obviously
5. MACD shows divergence
6. Previous Stucture
7. Support of the blue uptrend line

Therefore, with these reasons, I'll keep my eyes on the
PRZ and wait for clear signal to long this pair.
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