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ForexAnalytix

AUDUSD to squeeze higher.

Long
Dollaro australiano / Dollaro (FX:AUDUSD)  
ForexAnalytix  
FX:AUDUSD   Dollaro australiano / Dollaro
Trend Analysis Beyond Technical Analysis AUDUSD
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trendanalysis beyondta audusd
The #AUDUSD looks set to squeeze higher after a false breakdown of the key .7000 last week. The Dec 20th low was at .7082 and a break above that level would put the 50dma back to the test at the .7165 level. Also, take note that the daily candlestick formation is a piercing line, which is a bullish setup! 
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