2phost
Long

AUD/USD hit the weekly bottom

FX:AUDUSD   Australian Dollar / U.S. Dollar
This analysis sugests a long trend.
Weekly chart show us that we hit the bottom and the monthly show us a target at @0.89424. After that there are a possible retracement and then the long position continues to @1.06141.

This analysis considers the mode value and not the price value.
Trade closed manually: Sell my position for now with profit. I think the market will be bearish for some days before continue with the bullish
Comment: Here we can see we hit the top for a couple days:
Comment: As shown in the last char:


Waiting for the best time to reenter.
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