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FullTimeTrader

AUDUSD-time for a rebound

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
FullTimeTrader  
FX:AUDUSD   Australian Dollar / U.S. Dollar
18
10
I see many reasons to expect a rebound at this area.
Looking at monthly chart we have an AB=CD pattern and a bollinger band duplication (one of my favorite tools) near the 0.7000 level.
snapshot

On W1 chart we have a strong bullish divergence on AO, wave 5 blue circled seems to be complete also:
snapshot

Here on D1 chart:
- Wave 5 green complete
- Bullish divergence on AO
- Strong figure 0.7000

Best regards.
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