1) First we have have seen a strong up-move in AUDUSD forming a clear flag pattern for continuation.
2) The flag pattern showed a break out upwards but price is now coming down for a re-test of the flag boundary. First a strong SR at 0.9200 has to be broken and then establish a long position at appr 0.9130.
2) The flag pattern showed a break out upwards but price is now coming down for a re-test of the flag boundary. First a strong SR at 0.9200 has to be broken and then establish a long position at appr 0.9130.
