AUDUSD through confluence of confirmations will remain bullish
In my second technical analysis of AUDUSD, I believe it will breakout of its minor pullback and double minor contraction to the upside. Confluence of my prediction include : 1) bearish head and shoulders on the pullback. 2) The TK crossing from the ichimoku cloud supporting a bullish breakout from its minor contraction. 3) A bounce off of the minor contractions avg. price which serves as support. 4) RSI is in the 70 range signaling a strong trend up.
Thanks to those that have liked and followed me since beginning this type of work. Please comment if you disagree with my findings, as I always look for others perspectives and constructive advice as I grow into the craft. Take care and happy trading family!
Thanks to those that have liked and followed me since beginning this type of work. Please comment if you disagree with my findings, as I always look for others perspectives and constructive advice as I grow into the craft. Take care and happy trading family!
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