Buying dips in AUDUSD
​We look to Buy AUDUSD at 0.7197 Stop at 0.7167 Target 07255
AUDUSD - Price action has formed an intraday bullish Gartley pattern. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 0.7218. Preferred trade is to buy on dips. A break of bespoke resistance at 0.7225, and the move higher is already underway. Our profit targets will be 0.7255 and 0.7298.
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