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ToniSignals

AUD/USD Ready To Rally?

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
ToniSignals  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD aud audusdlong USD Forex forexsignals forextrading signals signalservice
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trendanalysis harmonicpatterns chartpattern audusd aud audusdlong usd forex forexsignals forextrading signals signalservice
Price has broken the descending trendline after bouncing from the significant 0.70 level, a strong bullish indication. We're looking for support to form around the fibonacci golden pocket & to trade upside from this zone.

Last week poor inflation & consumer confidence data dampened the USD. We are looking for price to retest support, and are looking for upside.
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