Mihai_Iacob

AudUsd- new rise coming?

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Since the December 0.7 low, AudUsd has started to rise with the price action well contained in an ascending channel.
On Fiday the pair has dropped hard, just to find bids in 0.72 zone, a zone markek by a confluence of horizontal and trend line support
I'm bullish as long as this support hold and we can see 0.73 figure pretty soon



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