AUDUSD Analysis
AUDUSD I am longer term bullish, monthly up-trend line support
During the week we saw a breakout of resistance on the 60 minute and a retest Friday
This level approximately equates to the .5 retracement of the weekly up move
8 Hour chart shows a potential wave 3 in formation and FIB projection points to a move up
Waiting for open to see the way the pair plays out and if the new support holds
During the week we saw a breakout of resistance on the 60 minute and a retest Friday
This level approximately equates to the .5 retracement of the weekly up move
8 Hour chart shows a potential wave 3 in formation and FIB projection points to a move up
Waiting for open to see the way the pair plays out and if the new support holds
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