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AUDUSD order blocks suggest further upside

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 20, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The AUDUSD has surged to the upside breaking previous resistance levels and it is meant to go up further. At the time of writing the price is 0.7212 but it could change soon as additional momentum kicks in. Iron ore is down, copper is down too but AUDUSD keep going up. That all suggest that the target for AUDUSD could be 0.7290 zone. We can see that the price has broken through 0.7200 H4 camarilla PP and it could continue towards target zone without substantial retrace. If however pair

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