I posted a previous idea about this currency pair that works pretty fine till now,
Now this currency pair had this correction we talked about and it's about to finish it up.
You should wait the market penetrate the trend line first and then we would target our bull direction again.
Of course, if the market penetrated the trendline then went back to break the latest bottom before penetrating the trendline line, only then I'll update this idea.
Good luck, and to be updated...
Now this currency pair had this correction we talked about and it's about to finish it up.
You should wait the market penetrate the trend line first and then we would target our bull direction again.
Of course, if the market penetrated the trendline then went back to break the latest bottom before penetrating the trendline line, only then I'll update this idea.
Good luck, and to be updated...
Comment:
If AUDUSD close below the support level, we would turn into the alternative scenario :
Comment:
Needless to say that if the market didn't close below the support, we still hold the bullish outlook.