FizzyF

AUDUSD Potential Swing?

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
After observation on the daily TF, AU has broken counter trend positioning and looks to be beginning its next move bullish. I am anticipating here a push down between the .5 - 0.618 retracement area {with a possibility of a wick towards the 0.786} before turning around and heading towards our two targets near the -27% and - 0.618 levels. Just an idea let me know what you think!

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