TimStuyts

AUDUSD still expecting 0.81

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
6
About a month ago I called 0.81 as my ideal target for AUDUSD since to me that's fair value which needs to be tested before the next bearish impulse should start. So far price keeps extending higher and I just want to say, keep an eye on this 0.81 level. Short term I'll be looking for minor consolidations to buy the continuation. Only if we see a sharp reversal I will be looking for bearish consolidations and sell the bearish continuation.

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