Australian Dollar / U.S. Dollar
Long
Updated

AUDUSD

329
For my previous post and context see below:
AUDUSD potential Buy


Based on the weekly time frame I expect a bullish continuation towards 0.80 longer term.
snapshot

Short term I expect a test of 0.75, I will therefore be looking for consolidations on lower time frames for buying opportunities towards 0.75.

updates will follow.

timstuyts.com

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Note
closing in on target at 0.75. I expect a retrace from this level, ideally towards 0.73 zone. updates will follow once we see a reversal
Note
snapshot

This is my AU tradeplan, don't get caught in a possible move higher that will most likely only test previous highs or 0.75.. What I try to say is that I will wait for a significant retrace/consolidation first and then see whether 0.80 is still on the table. However this is my trade plan for now.

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