AudUsd has formed a strong base

After reaching 0.7450 zone recent high, AudUsd started to drop.
This drop looks over now with the pair forming a strong base in 0.7220-0.7230 zone
A new leg up could follow from this point and Aussie could challenge 0.75 important figure in the next weeks.
Also a swing trade could have a good R:R of more than 1:2

Ordine annullato:

Aud looks without power