AUD/USD Long Potential
So heading in to the new trading week I am keeping a close eye on AUD/USD for long opportunities.
We have had a strong Weekly close from support and look to be breaking out of the descending wedge pattern that we formed on the Daily chart. The 4hr has made a higher low along with Bullish MACD momentum and the break of the 50EMA. The 1hr chart is confirming the same and the first obvious chance to get in would be on the pullback to the Pivot level on Monday.