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pipstrading

Long term bullish, W chart looks like SILVER

Largo
Dólar australiano/Dólar estadounidense (FX:AUDUSD)  
pipstrading  
FX:AUDUSD   Dólar australiano/Dólar estadounidense
3
0
AUD has a decent rally since start of the year.

AUDUSD W chart looks so similar to silver. Does this consider a completion of Bullish BAT? or will it need to test the level of 0.66 (88.6% retracement of XA)?

Anyway, no matter from current or test 0.66 first, the mid to long term target is 0.85 level and 0.94 level.

Fundamental wise, need a commodity bull to support this currency. Do you believe in the commodity bull to be back? Let's see.

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