Longaussie
Aussie dollar is offering a 700$ a lot opportunityafter the daily engulfing pattern we wait for a retracement to finish the inverse head and shoulders pattern
that will target 61.8 or 76.4 % fibo level from last low to last high scored.
risk to reward ratio is great we might look for another short from above since the weekly chart looks weak.
Aud/Usd completing wave Cthe Aussie is completing wave c which should be up in 5 waves targeting 100% fibo expansion.
d'ont forget that gold is giving a bullish signal and the Aussie dollar is named the commodity currency.
stop loss is near its a closing below the trend line drawn on chart.
good luck!!!