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forexmonarchy
Apr 19, 2020 8:32 PM

AUDUSD to continue rising on sentiment - BULLISH (200+ pips opp) Long

Australian Dollar/U.S. DollarFXCM

Description

As you could see from previous charts and analysis I am still bullish on Aussie and risk on currencies vs USD due sentiment and secular analysis co-relation for past few weeks. Long term rise should be limited, but chats point short-mid term continuation. Pair extended from 0.5 fib breakout+ momentum and volume pick up. AUD is the best performer by secular analysis for past 3 weeks and aims to continue.
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