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AudUsd has formed a strong base

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Mihai_Iacob Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators AUDUSD audusdlong audusdforecast audusdsignal audusdanalysis audusdbuy audusdidea audusdsetup
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trendanalysis chartpattern indicator audusd audusdlong audusdforecast audusdsignal audusdanalysis audusdbuy audusdidea audusdsetup
After reaching 0.7450 zone recent high, AudUsd started to drop.
This drop looks over now with the pair forming a strong base in 0.7220-0.7230 zone
A new leg up could follow from this point and Aussie could challenge 0.75 important figure in the next weeks.
Also a swing trade could have a good R:R of more than 1:2
Order cancelled:
Aud looks without power
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