AUDUSD is approaching the trend line

AUDUSD is approaching the main trend line (plotted on weekly chart) which hold since the beginning of 2016 so far. At the same level there's a target of the medium scale AB=CD pattern (plotted from the last top). Stay tuned, switch to lower TF and buy only if the trend line will hold.

Order avbruten:

AUDUSD turned up before reaching the entry level. Trade cancelled. At least no loss :)