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IkanBilisCapital

More upside to come for AUDUSD before range bound.

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
IkanBilisCapital  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators AUDUSD audusdshort audusdlong audusdforecast audusdsignal audusdanalysis audusdsell audusddaily audusdbuy
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trendanalysis chartpattern indicator audusd audusdshort audusdlong audusdforecast audusdsignal audusdanalysis audusdsell audusddaily audusdbuy
THe aussie dollar saw a rebound this week and it looks like there will be more upside in the weeks to come. Early next week, we may see a short downward retrace to 0.706 before upside comes. I think this will coincide with Jerome Powell's announcement of the taper plans. Our price target to exit the long trade is 0.73

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