AUDUSD - Would the consolidation propel it higher?
Assuming that the consolidation is to prepare for the up move, we shall look for opportunities to go long in the LTF. This would be the opposite view we had posted on 2016-08-15 since it held nicely above the down trend line
Trade active:
Triggered. Let's see if it moves according to the plan levels.
Comment:
Stop out at even. Got to wait and see what's next
Trade active:
Back in action
Comment:
Still consolidating in the buy zone
Trade active:
Still waiting
