Mihai_Iacob

AudUsd- to break above 0.8?

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
After a first attempt to break above 0.8 at the end of February, AudUsd corrected and found strong support in 0.76 area.
A rebound and more than one month of consolidation followed.
At this point, the pair looks determined to break this consolidation to the upside and we can see the pair going above 0.8
0.77 si very strong support now and only a breakdown would delay this bullish scenario

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