USDAUD- Looking For A Bullish Move From this Level

Friends,

Eager to buy in after a morning star signal, we have seen nice follow through buying since the signal, bringing up back to have a retest of the previous main channel.

Very promising potential. I will look again on Monday.

Weekly chart looks good, with a large bullish pin bar, rejecting bearish levels with aggression. A lot of positions were clearly bought at this level, hence creating the signal.

PLEASE NOTE: Vlad.Adrian has kindly pointed out the stock hasn't gapped, but rather an error in the data stream. But the idea is still one that can be used.

thanks,
Tom