FxWirePro

AUD/USD is trading above trendline resistance, targets 0.7850

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
8
AUD/USD is trading well above ichimoku (Ten ken-Sen and Kijun-Sen) and is expected to reach till 0.7860 in short term.

Short term weakness only if it breaks below 0.7690. Any break below will drag the pair further down till 0.7630/0.7590.

It is good to buy at dips around 0.7725 with SL around 0.7690 for the TP of 0.7790/0.7850.
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