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AUDUSD Loong!
Based on the previous analysis, we saw that this pair has been forming a rising flag, IMO is a strong indicator of a bearish market. The price has retested the lower trend line and rebounded forming a double bottom and a hammer candle stick pattern.
I do anticipate that the price will continue with the bullish momentum to complete the pattern.
Entry at 0.65, Target at 0.67 and SL at 0.64
I do anticipate that the price will continue with the bullish momentum to complete the pattern.
Entry at 0.65, Target at 0.67 and SL at 0.64
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