AUD/USD Analysis

We have three confirmations of AUD/USD Uptrend:

1. Before breaking the monthly support 0.79250 we see that it retraced from the 61.8 Fib and now it is continuing the uptrend.

2. We see AUD / USD Daily Candle Closed above 0.79250 Monthly Support and breaking the counter trend line.

3. Moving Averages on H4 Timeframe confirm a continuation of the uptrend...

Now I expect the pair to go up at least 130 pips.

Trade attivo:

Trade Active

Commento:

Move SL to breakeaven ...