Forexpro
Long

Upmove in AUDUSD after re-test of flag boundary

FX:AUDUSD   Australian Dollar/U.S. Dollar
60 0 2
1) First we have have seen a strong up-move in AUDUSD             forming a clear flag pattern for continuation.
2) The flag pattern showed a break out upwards but price is now coming down for a re-test of the flag boundary. First a strong SR at 0.9200 has to be broken and then establish a long position at appr 0.9130.
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