AUDUSD has retested the 0.73763 area I am now waiting for the candle to close with a thick green candle to show a strong and positive move to my upside target of 0.76500. AUDUSD has been bearish in the past month of may, and now I'm looking for a bullish June possibly going into the early part of July! Have a great Month ahead! "Plan your trade, Trade your plan!"
The price is currently around '1.49000' heading up to '1.50000' I have highlighted the "area of interest" if the MA's cross over and we get a clean break from the bearish trend line and a clear sign of a trend reversal then I will be putting in a buy order to my upside target of '1.55681' Plan your trade, trade your plan.
The Price is currently stuck between (1.51612) & (1.51098). Once the MA and EMA have crossed over we will start to see the price moving towards my target. I believe that it will just be bounce through the channel, until the price rises above the daily support of 1.51614. 'Trade your plan, plan your trade'