Hi guys,
This seems like a easy one, on the daily we can see a "pennant" pattern, although not complete, but it seems like a good sign to go long.
AUD has been strong for a long time now (2 weeks) as its a "safe" currency for investors, compared to EUR and USD.
There is further more gain i can see and the first targer will be the monthly resistance/ physiological level 1.14/1.15
Will look to enter when breakout of past highs, SL at day low.
Please comment to share your ideas, or like if it helps, really appreciate it.
This seems like a easy one, on the daily we can see a "pennant" pattern, although not complete, but it seems like a good sign to go long.
AUD has been strong for a long time now (2 weeks) as its a "safe" currency for investors, compared to EUR and USD.
There is further more gain i can see and the first targer will be the monthly resistance/ physiological level 1.14/1.15
Will look to enter when breakout of past highs, SL at day low.
Please comment to share your ideas, or like if it helps, really appreciate it.