dlbsanborn

AUDUSD decision time

Long
FX:AUDUSD   Dollaro australiano / Dollaro
Forgive me, but I'm late posting this idea. I'm long on AU from 0.7797 from a daily chart confluent zone I had marked up but didn't get posted. We've had a nice move out of that .7800 level and have since come up to a smaller timeframe zone of demand that's acting as supply currently. If price doesn't penetrate much from where it's currently trading, then I can see a bullflag pattern forming on the hourly chart. Updates will be posted in the comments section below.
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