adriel.arrasmith
Long

BUY AUDUSD Ahead of AUD Data

FX:AUDUSD   Australian Dollar/U.S. Dollar
Currently, the US Dollar             is facing some resistance as it's staying in a triangle pattern , which will more than likely turn into a correction based on DXY             , Gold             , etc. At the same time XAUUSD             has completed a weekly bullish engulfing candlestick from last week at a critical area, which is in a long term wedge . Currently, XAUUSD             is at $1190, which is a retest level/ema support level . AUDUSD             is now testing 0.69 a very important support area that lined up with the -1.27 fib area ( harmonic pattern buy zone). I am long with a 60 pip stop loss targeting the retest of the broken trendline at around 0.71400 then onto test the 0.74 area if that gets broken.
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