andrew.berg

AUD/USD bounce off of major support

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Curreny pair bounced off of major support level that is in tact since beginnig of April. Also, it was bottom of bull flag.
As it broke up intermidiate resistance level it caught some follow through.

I am bullish and will be watching for buying opportunities on 50% pullback close to 8/21 EMA or if it will go through 0.93118 it may attract more active swing traders.

My road map (target) is right to 0.94600.

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