Decision time for AU incoming. We will see a break of the 200 Ema, or a bounce to continue the uptrend.
Also noticing a potential Teacup and Handle from .77 handle.
Clone from the last drop from .77 shown on the chart and would be my long term target on this pair. Expiry around 2 months.
A bounce on the 200 EMA will continue the uptrend towards .80 handle
Wait for it develop in the beginning of week 15 for confirmation on the next move.
Also noticing a potential Teacup and Handle from .77 handle.
Clone from the last drop from .77 shown on the chart and would be my long term target on this pair. Expiry around 2 months.
A bounce on the 200 EMA will continue the uptrend towards .80 handle
Wait for it develop in the beginning of week 15 for confirmation on the next move.
Trade ist aktiv:
In LONG @7497 -> LT TP .7938
