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AUD/USD Running For Another Target

MultiBank Exchange Group
By MultiBank Exchange Group

AUD/USD rallies and ignores all the near term obstacles. Price is strongly bullish and should reach the upper median line (uml) of the minor ascending pitchfork, where he could find temporary resistance again. However, we cannot exclude a retest of the median line (ml) before will jump much higher.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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