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PRZ as W pattern on AUDUSD (Bullish position)

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
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FX:AUDUSD   Australian Dollar / U.S. Dollar
Chart Patterns Trend Analysis Support and Resistance AUDUSD buy Bullish Patterns Forex
1
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chartpattern trendanalysis supportandresistance audusd buy bullish forex
There's a W pattern formed and it has retested the previous resistance formed and it has acted as a support. I think it's a good idea to buy here. Our target would be the 2 green lines and I'm aiming to the first one at 0.7080.

Do you have any other thoughts on AUDUSD? Let me know on the comments.

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