AUDUSD Week of 8/20/2017

8/20/2017 - Weekly Price Action formed a hammer testing the 8 EMA. WE have an upward crossing of the EMAs on the Monthly, Weekly , Daily as a confluence we are are in an upward trend. Last week we saw a bullish engulfing candle close above the 8 EMA. We are current trying to break key weekly resistance for the past three days. Looking to buy against any weakness and take out .81