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EzraCapital

AUDUSD. BULLISH RUN TO 0.7829 and 0.8020

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
EzraCapital Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
17
2
The Aussie has recently retested the 0.7550 area as support three times upon
breaking above sliding into a phase of consolidation.

Comment:
0.7780 is our immediate level of resistance - a break of this level is indeed expected
with our primary long target is 0.7820

Overall, due to the significance of last weeks bullish continuation candlestick close...
a mighty up-move is on the cards... taking the pair into higher territory - 0.8020 secondary target level.
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