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EliteTradingSignals

AUD/USD BUYERS WILL DOMINATE THE MARKET|LONG

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
EliteTradingSignals  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis AUDUSD LONG buy trading Bullish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis audusd long buy trading bullish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

AUD/USD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 9H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.689 area.

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