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TheBanker
Feb 18, 2017 6:23 PM

audusd monthly Long

Australian Dollar/U.S. DollarFXCM

Description

have attached daily chart too, we are looking at a break above 0.7780 unlocking the move towards 0.8160

monthly the inverted h&s becomes clear, with a bullish engulfing we are witnessing proving of the neckline.

all the best and look forward to hearing your views
Comments
Exercise-Discipline
Nice one mate, do you have a view on AUDJPY? If AUDUSD breaks to the upside, then I think AUDJPY has potential to move to 100 given the elevated risk appetite at the moment
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