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Elemont

AUDUSD RETEST

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Elemont  
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD 1h 4h Daily Charts breakout SELL buy LONG short reversal
2
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audusd 1h 4h daily breakout sell buy long short reversal
AUDUSD is looking to retest the previous trendline + 200 MA, after completing its previous M formation as we predicted. Upon finding resistance at these levels, we expect price to bounce back towards support and then we await further breakouts for direction.

Short-term long to the previous trendline + 200 MA.
SL below local low.

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