AUDUSD 0.81 Band showed itself

28 ביולי 2017

After GDP news from US, USD's weakness continued and pulled all currencies power upwards. As we see AUDUSD passed upwards and continued its trend from consolidation box- 100-pip area between .7880 and .7980 . GDP news will affect our chart tru Long positions and opened up AUDUSD's way upto 0.81 band (Fibbo %127 level). After retracement to 0.7950 band there will be a good opportunity to go Long position on AUDUSD.