Breaking out from a wedge pattern, which is usually a very reliable indicator for higher prices. First target would be $79.50, then $80.50. Stop out would be below $76.50. This trade fit the "strong global economic recovery" narrative as AUD would be getting stronger/JPY getting weaker, both of which signal risk on sentiment.
Thanks for your support! If you have any questions, feel free to comment below! I will get back to you all. Good luck!
Thanks for your support! If you have any questions, feel free to comment below! I will get back to you all. Good luck!