AUD/USD Moving Towards W H4 Camarilla Pivot

2 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear Traders,

The AUD/USD has formed a consolidation pattern at the trend line and ATR pivot. We should see the continuation of uptrend.

Amidst slow market conditions, the AUD/USD is slow but its trending. Looking at the chart, we can see how the trend is shaped up, and we could expect a continuation of the move up. Targets are 0.6480 and 0.6523. For the price to reach the level, it should be held above W L3 0.6372. If the pair breaks below, this scenario is likely to fail. 

The analysis has been done with the CAMMACD system.
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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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