Double Bottom Has Formed On Weekly Support Suggesting The Previous Bearish Momentum Has Lost It's Steam Price Surged And Closed Above Monthly Resistance Indicating Strong Bullish Pressure A Bullish Close Was Made Within Supply (1 Hour Chart For Earlier Entry) Further Indicating A Buy Move Price Above 20,50 And 200 MA The Recent Gold Hike Further Confirmed My Aussie Long (As They Share A Positive Correlation) Same Long Was Taken On NZDUSD (Which Also Share A Positive Correlation) But Tp Has Been Reached Already (50+ Pips) Aussie Left Running Now Risk Free
Oil Looking Bullish Which Gives Me Further Confidence On Aussie Long As The Dollar Is Likely To Slump
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