I have been patiently waiting for AUDUSD to rebound from its current standing completing on the Weekly an Ascending channel. AUDUSD in the bigger picture is in an uptrend on the weekly, Very clear to see. Very strong trend also triggers my Long Bias for AUDUSD. AS it bounces from the Pitchfork bottom we look to come to the outer Median for potential take profit.
We also have seen the orderflow from the bottom of the channel and a strong move away from Demand. Continuous Update will follow this long trade.