In my group we have opened and closed multiple long positions on the way up, and this is a nice chance to add to this trade.
The uptrend signal demands a test of the low resistance (red box), to eventually reach 0.76476 or even higher, but it'll be a considerable feat if AUDUSD manages to breach this level and head up.
The most probable outcome is that we see a similar move as the one I forecasted for EURUSD , with price rallying and reversing right below the low .
For the time being we'll go long, and we will observe behavior when approaching the , and the target.
Once it's clear we can probably open a short of similar characteristics to EURUSD , but can't give specifics yet.
Time at Mode FX