elponggar
Long

AUDUSD 3rd kiss for support trendline

FX:AUDUSD   Australian Dollar/U.S. Dollar
42 0 0
I see AUDUSD             pair form Head and Shoulder formation but it is also confirmed that this pair reach the support trendline 3 times.
So, my assumption is this pair will going to 0,61% Fibonacci and if it broken, it will extend it's move to 0,78%.

In 0,78 Fibonacci you can see there are 2 resistance line, horizontal and the trendline . I think it will be strong enough to hold bull movement and also bring it down to 0,38% (or even to 0,23%).

disclaimer : I trade for my self and so you are, so be wise and use proper money management.
Trade closed: target reached: My 1st target are closed smoothly.
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