AUDUSD - Retest Complete, Bull Continuation Expected
If you were following my AUDUSD trade past few days, I've given an entry that was almost perfect to enter upon the retest of 0.68760. If you have taken the trade up with me, lets sit back and ride the long bull wave up. If you didn't enter, I think you will have to wait for another test of the support to enter this long trade.
My target for this trade would be as shown in the chart (0.70780). It is also the high of the previous daily candle, also based on the fibo retracement level of -0.272 . Since it is a bull trend, we can expect this wave to print a higher high which will be the target shown.
Hope you liked my short analysis and share with me your opinion. Don't forget to leave a like if you liked my post.
Cheers
My target for this trade would be as shown in the chart (0.70780). It is also the high of the previous daily candle, also based on the fibo retracement level of -0.272 . Since it is a bull trend, we can expect this wave to print a higher high which will be the target shown.
Hope you liked my short analysis and share with me your opinion. Don't forget to leave a like if you liked my post.
Cheers
