AUDUSD: I Smell BullsThere is a very nice potential rally on FX:AUDUSD .
As we see price has broken a bearish trend @0.7021, then made a pullback, then tested the high @0.7040 and now is ranging in ascending triangle. If the price breaks the triangle and makes HHHC, then we are in a bullish market.
Our potential target is next structure @0.7096 with the confluence of 1.618 fibs extension. Besides we have a very nice confluence of triangle based targets rule.
Avto_T
Green Luck
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