AntMwah

AUDUSD - continuation of reversal to 74.7 area

Long
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
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1
Strong reversal yesterday which could continue to push this pair higher as a moderate correction to the clear downtrend. Operating clearly in a channel but hitting the channel floor and Fib retracement simultaneously triggered this technical move back up which will complete at the top of the next Fib and channel lines overhead.

Then should be a bigger short down to 73 area.