AUDUSD - Made higher low, bullish momentum
Recently made a higher low on weekly chart, even if the second high is lower in the pennantat break to the top around 0.7600 could lead to 0.8000 where 200MA, FIB extention andsupport from May could be found, Also stochastics is in a good area for long
Trade closed: target reached
Ended hit the 200 MA. Still believe in bullish after some reversalNote
Strong resistance around 0.80
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.