AUDUSD has exploded to the upside because of weak US data.


The daily+4H structure is clearly bullish.

The resistances has been broken.

In bullish trend we buy. But we buy in favorable and discount price which can be a retest of former reistance as support with confluence to some Fib retracement
level.
Trade closed: target reached
+67 pips
AUDUSDbullishstructureFibonacciFibonacci RetracementSupport and ResistanceTrend Linesweakusd
The_Forex_Path

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