We have a fantastic opportunity on AUDUSD, the pair broke an important downtrend and it retested the broken trendline twice and it had a strong bullish move; Since the 6ht of October we had a clear view of the up trend that has been created in a small ascending channel with multiple touches on both top & bottom trend lines, right now we're expecting the pair to do drop around our entry zone area at 0.73880 where the price could potentially drop as it's a previous broken resistance zone, and we can now expect a retest on it in between the s/r and trendline area. The Fib retracement is looking absolutely fantastic as it's supporting the whole analysis in a perfect way, therefore right now we have some great potentials for the market to follow our analysis!