DavidBelleFX

AUDUSD long to the upper value area

Long
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
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18
Looking at the lower price rejection, I would be looking for a move to the value area high at 0.7686. There is no reason for price to head lower. With my opinion of a mid-long term weak USD and metal prices picking up, this provides an upside bias on AUDUSD .