fxbymichel

potential break to the upside for AUD/USD

FX:AUDUSD   Australian Dollar / U.S. Dollar
40 1 2
On a weekly basis, the pair has been exhibiting sideways action for about a year. The pair is now nudging against the top of the trendline which,more importantly, coincides with the 100 week MA. Look to enter long positions with a weekly close above these levels.
Next NFP will say, not yet
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